Stochastic Oscillator

Category: momentum

A standard momentum oscillator that measures the location of the close relative to the high-low range over a specific period, smoothed by a 'slowing' factor.

Formula

%K = (Σ(Close - LowestLow_n) / Σ(HighestHigh_n - LowestLow_n)) * 100\n%D = SMA(%K, DPeriod)

Inputs

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

See signal primitives and every published strategy that uses Stochastic Oscillator on WOBR StrategyVerse.