The indicator draws on a price chart a stochastic with overbought/oversold zones.
The indicator has eight configurable parameters:
- %K period – main line calculation period;
- %D period – signal line calculation period;
- Slowing – slowing period;
- Smoothing method;
- Price field – price used for the indicator calculation;
- Overbought – overbought level;
- Oversold – oversold level;
- ATR period.
The ATR period affects the strength of the general impact of the price on stochastic lines.