Fire Sling Shot Stochastic

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// Stochastic Indicator (5,3,3) Explanation
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//
// The Fire Sling Shot strategy uses a Stochastic oscillator (5,3,3) as a
// confirming indicator to enhance the reliability of EMA crossover signals.
//
// WHAT IS STOCHASTIC?
// The Stochastic oscillator is a momentum indicator that compares a security's
// closing price to its price range over a specific period. The indicator
// oscillates between 0 and 100, with readings above 80 considered overbought
// and readings below 20 considered oversold.
//
// SETTINGS USED:
// - %K Period: 5 (faster sensitivity to price movements)
// - %D Period: 3 (smoothing of %K)
// - Smoothing: 3 (additional smoothing applied to the %K line)
// - Overbought Level: 80
// - Oversold Level: 20
//
// HOW IT'S USED IN THIS STRATEGY:
//
// 1. Bull Signal Enhancement:
// When the 15 EMA crosses above the 50 EMA (primary signal), we check
// if the Stochastic is below 20 or has just crossed above 20. This suggests
// momentum is starting to turn upward from an oversold condition, improving
// the quality of the long entry.
//
// 2. Bear Signal Enhancement:
// When the 15 EMA crosses below the 50 EMA (primary signal), we check
// if the Stochastic is above 80 or has just crossed below 80. This suggests
// momentum is starting to turn downward from an overbought condition,
// improving the quality of the short entry.
//
// 3. Early Warning:
// Stochastic movements below 20 or above 80 can provide early warning of
// potential EMA crossovers, allowing traders to prepare for possible entry
// signals.
//
// The Stochastic filter is optional and can be enabled/disabled through the
// strategy inputs. When disabled, the strategy relies solely on EMA crossovers
// for entry signals.
//
// NOTE: While Stochastic can improve signal quality, no indicator is perfect.
// False signals can occur, especially in ranging or choppy markets. Always
// combine with proper risk management and consider the overall market context.
//
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