Stochastic

The Stochastic Oscillator is a technical analysis indicator that measures the position of an asset's closing price relative to its price range over a specific period.

It is used to identify conditions of bought and hypersold, providing signals of possible trend reversals or confirmations of existing trends.

The stochastic oscillator is a momentum indicator, developed by George Lane, that compares the current closing price with the highs and lows of a specified number of periods. It is measured in percentages.

INDEX

• Parameters
• General
  • %D Period
  • Smoothing
• Levels
  • Overbought value
  • Oversold value
  • Overbought color
  • Oversold color
  • Line width
• Series

The stochastic oscillator is represented by two lines:

1. K - The main line of the indicator.

2. D - A moving average of the K line.

Parameters

• General
  

• %D Period

D-line Periods.

• Smoothing

• Levels

• Overbought value

           Allows you to set the overbought threshold.

• Oversold value

           Allows you to set the oversold threshold.

• Overbought color

           Allows you to set  the color of the overbought.

• Oversold color

           Allows you to set the oversold color.

• Line width

           Allows you to change the thickness of the layer.

Series

In the Series section you can set the colors and style of:

• K: The main indicator line. 
• D: A moving average of the K-line.