Stochastic

The Stochastic Indicator is added as a tab on the last available Study pane. It measures momentum/price velocity by comparing a security’s Close price to its price range over a given period of time, thus showing an upward or downward price trend. It is plotted as four lines: the Stochastic Moving Average, a 5-day (default) Simple Moving Average A single line that is calculated from the average Close price of a security over a specified number of days. of the plotted Stochastic Moving Average, and two lines representing the 20% and 80% levels of the price range.

Indicator Properties

Parameter

 Description

K

The color of the line representing the Stochastic Moving Average.

D

The color of the line representing a Simple Moving Average of the plotted Stochastic Moving Average.

L20

The color of the line representing 20% of the price range over a given period of time.

L80

The color of the line representing 80% of the price range over a given period of time.

Periods

The number of rolling periods [e.g., Historical (days), Intraday (minutes, hours, etc.)] considered in the Stochastic Moving Average calculation. The default value is 10.

SignalPeriods

The number of Simple Moving Average periods [e.g., Historical (days), Intraday (minutes, hours, etc.)] applied to the plotted Stochastic moving Average; the default value is 5.