Stochastic Oscillator

Category: momentum

A momentum oscillator that compares a security's closing price to its price range over a specific period, used to identify overbought and oversold conditions.

Formula

\%K = (\sum_{n=1}^{Slowing} (Close - Low_n) / \sum_{n=1}^{Slowing} (High_n - Low_n)) \times 100 \\ \%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.