Stochastic Oscillator

Category: momentum

Classic Stochastic Oscillator measuring the location of the close relative to the high-low range over a set period, used to identify overbought and oversold conditions.

Formula

%K = \frac{\sum_{i=0}^{Slowing-1} (Close_i - Low\_Range_i)}{\sum_{i=0}^{Slowing-1} (High\_Range_i - Low\_Range_i)} \times 100, \text{ where } %D = SMA(%K, D\_Period)

Inputs

• InpKPeriod (default: 5)
• InpDPeriod (default: 3)
• InpSlowing (default: 3)

See signal primitives, usage in published strategies and more on WOBR StrategyVerse.