modified_stochastic_oscillator
Function Name: modified_stochastic_oscillator
Tags: None
Category: Momentum
The modified stochastic study lets users use alternative periods and moving average calculations in stochastics. The formula for modified stochastics is identical to the formula used in stochastics; however, users may adjust the number of periods and the moving average calculation through the Modified Stochastics properties.
Calculation:
Fast %K = (Current Close - Lowest Low)/(Highest High - Lowest Low) * 100
Full %K = Fast %K smoothed with Kperiod SMA (MMA, EMA)
Full %D = Dperiod SMA (MMA, EMA) of Full %K
Parameters:
LBperiod: Look-back period (the period in which highest and lowest are calculated)
Kperiod: MA period for full %K
Dperiod: MA period for full %D
Show*_SMA, Show*_MMA, Show*_EMA, ShowLevels: Display control flags.
Link: http://stockcharts.com/school/doku.php?id=chart_school:technical_indicators:stochastic_oscillator
LBperiod |
look-back period |
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Default Value: 14 | Minimum: 1 | Maximum: 9999 |
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Type: Numeric |
Kperiod |
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Default Value: 3 | Minimum: 2 | Maximum: 9999 |
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Type: Numeric |
Dperiod |
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Default Value: 3 | Minimum: 2 | Maximum: 9999 |
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Type: Numeric |
OverboughtLevel |
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Default Value: 80 | Minimum: 0 | Maximum: 100 |
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Type: Numeric |
OversoldLevel |
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Default Value: 20 | Minimum: 0 | Maximum: 100 |
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Type: Numeric |
ShowFullK_MMA |
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Default Value: -1 |
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Type: Boolean |
ShowFullD_MMA |
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Default Value: -1 |
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Type: Boolean |
ShowFullK_EMA |
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Default Value: 0 |
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Type: Boolean |
ShowFullD_EMA |
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Default Value: 0 |
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Type: Boolean |
ShowFullK_SMA |
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Default Value: 0 |
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Type: Boolean |
ShowFullD_SMA |
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Default Value: 0 |
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Type: Boolean |
ShowLevels |
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Default Value: -1 |
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Type: Boolean |