Stochastic Slow %D

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.
 

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