Stochastic Oscillator

Category: momentum

The Stochastic Oscillator measures the position of the close relative to the high-low range over a set number of periods, identifying overbought and oversold conditions.

Formula

%K = (\sum_{i=0}^{Slowing-1} (Close_i - LowMin_i) / \sum_{i=0}^{Slowing-1} (HighMax_i - LowMin_i)) * 100\n%D = SMA(%K, DPeriod) \nwhere LowMin and HighMax are the lowest low and highest high over the KPeriod.

Inputs

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

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