OTLIB Stochastic Oscillator (Heikin-Ashi based)

Category: momentum

A custom Stochastic Oscillator implementation that utilizes Heikin-Ashi smoothed price data instead of raw OHLC to calculate momentum.

Formula

StoMain = \frac{\sum_{i=n-PeriodS}^{n} (HA\_Close_i - HA\_Open_i)}{\sum_{i=n-PeriodS}^{n} (HA\_High_i - HA\_Low_i)} \times 100 \\ StoSignal = SMA(StoMain, PeriodD)

Inputs

• PeriodD (default: 5)
• PeriodS (default: 5)

See signal primitives and every published strategy that uses OTLIB Stochastic Oscillator (Heikin-Ashi based) on WOBR StrategyVerse.