Create an advanced indicator and perform analysis based on Stochastic

Stochastic Analysis and Indicator (Name – BSOStoch)

Analysis

• Find maximum or minimum price value of each cycle and display by a marker on the main window
• Cycle starts/end with max/min of fast line after it reaches the key values and then turns around

Analysis Indicator

• Create another window to display cycles by a horizontal line. The line to be colored (green/red) based on if the fast cycle is going up or down. Color will change when the cycle turns around
• Crossovers to be indicated by markers on this line; Crossover up to be marked by small solid circle; Crossover down to be marked by small hollow circle;
• The indicator window will have a line for time periods – I M, 5 M, 15 M, 1 H, 1D
• Cycle to be indicated as Up or Down and to be identified by start/end time
• Cycles of bigger time periods will have cycles of smaller time periods. Add convenience functions to determine the up/down small cycle number of the bigger cycle
• Add convenience functions to determine if the cycle is up or down
• Add convenience functions to determine min/max price of the pair of a cycle

• Cycle may need to be implemented as Class

• Cycles should be linked so that they can be browsed programmatically