The indicator displays in a separate window the slow stochastic line, a signal line plotted by the slow line smoothing method, and a histogram showing the difference between the slow line and the signal line.
It has five input parameters:
- %K period – stochastic K line calculation period;
- %D period – stochastic D line calculation period;
- Slowing – slowing period;
- Method – stochastic calculation method;
- Price field – stochastic calculation price.
Calculations:
K = Stochastic D - 50.0
D = SMA(K, %D Period)
Histogram = K - D
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