Abbreviation: StochSlow%D
Category: Price Momentum Indicators
Input Parameters:
Name | Range | Default |
High Price | High | |
Low Price | Low | |
Closing Price | Close | |
Stochastic periods | Int >= 1 | 5 |
Smoothing Periods #1 | Int >= 1 | 5 |
Smoothing Periods #2 | Int >= 1 | 10 |
Calculation:
On nth period:
= Avg(Stoch%D(H, L, C, S, n1), n2)
Every period thereafter:
= ( Previous * (n2-1) + Stoch%D(H, L, C, S, n1)) / n2
H = High Price
L = Low Price
C = Closing Price
S = Stochastic Periods
n1 = Smoothing Periods #1
n2 = Smoothing periods #2
Stoch%D represents Stochastic %D
Discussion:
Provides a doubly smoothed version of the Stochastic %D.