Slow Stochastic

A Slow 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 Slow Stochastic Moving Average [arrived at by applying 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. to the (fast) Stochastic Moving Average)], a smoothed Slow Stochastic Moving Average [arrived at by applying a 5-day (default) Simple Moving Average to the plotted Slow 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 Slow Stochastic Moving Average.
D	The color of the line representing the smoothed Slow 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), Intra-day (minutes, hours, etc.)] considered in the Slow Stochastic Moving Average calculation. The default value is 10.
SlowPeriods	The number of Simple Moving Average [e.g., Historical (days), Intra-day (minutes, hours, etc.)] applied to the (fast) Stochastic Moving Average; the default value is 5.
SignalPeriods	The number of Simple Moving Average periods [e.g., Historical (days), Intra-day (minutes, hours, etc.)] applied to the plotted Slow Stochastic moving Average; the default value is 5.