Hypotrochoids are curves generated by a point selected on a circle of smaller radius rolling around the **inside** of a fixed circle of larger radius, and that selected point can be chosen at some distance from the center of the smaller circle. These are then 3-parametric curves.

You don't need any special programs, like e.g. Mathematica, to create hypotrochoids. They can be generated in Excel quite easily by using VBA macro like the one provided at the end of this post.

Here are some examples of charts with generated hypocycloid curves, both single and combined double curves: