Abbreviation:
Category: Crossover & Breakout Identification
Input Parameters:
Name | Range | Default |
High Price | High | |
Low Price | Low | |
Closing Price | Close | |
Stochastic %K Periods | Int >= 1 | 10 |
Stochastic %D Periods | Int >= 1 | 10 |
Smoothing Periods | Int >= 1 | 10 |
Calculation:
If (X > Y) and (most recent previous period where X did not equal Y, X was less than Y) then 1
Otherwise 0
where
X = Stoch%K(High Price, Low Price, Closing Price, Stochastic %K Periods)
Y = Stoch%D(High Price, Low Price, Closing Price, Stochastic %D Periods, Smoothing Periods)
Stoch%K represents Stochastic %K
Stoch %D represents Stochastic %D
Discussion:
Indicates the period when one Stochastic %K line has just crossed above a Stochastic %D line.