OTLIB Stochastic Oscillator
Category: momentum, cycle
A standard Stochastic Oscillator implementation utilizing custom smoothing methods (defaulting to LWMA) to identify overbought and oversold conditions.
Formula
\%K = (Current Close - Lowest Low) / (Highest High - Lowest Low) * 100 \n \%D = MA(\%K, stoPeriodD)
Inputs
- stoPeriodK (default: 15)
- stoPeriodD (default: 5)
- stoPeriodS (default: 5)
- stoMethodMA (default: MODE_LWMA)
- stoPrcFldLH (default: false)
See signal primitives and every published strategy that uses OTLIB Stochastic Oscillator on WOBR StrategyVerse.