Stochastic Clause Samples

Stochastic. The Stochastic oscillators indicate overbought and oversold areas in the market based upon momentum or price velocity. The Stochastic Classic indicator calculates the location of the current price in relation to its range over a period of bars. Stochastics are made up of four individual calculations: FastK, FastD, SlowK, SlowD. The core of the calculations is based upon the FastK value which is calculated in the following manner. FastK(Length) = (C - L)/(H - L)*100 Where L = Lowest Low of a specified period H = Highest High of a specified period C = Today’s Close Length = Specified period of time FastD is an exponential average of FastK. SlowK is also an exponential average of FastD. SlowK equals the FastD. SlowD is an exponential average of FastD. Default Parameters eASCTrend uses Slow %D Price value is Close Length is defaulted to 10