This indicator displays two stochastics with adjustable smoothing and a convergence/divergence line of %K lines of those two stochastics.
It has thirteen adjustable parameters:
- Calculation mode – calculation and display mode
- Two stochastics – two stochastics with predefined parameters
- Stoch1/Stoch2 divergence – %K lines of stochastics with predefined parameters and the line of convergence/divergence between them
- First stochastic %K period – first stochastic %K line calculation period
- First stochastic %D period – first stochastic %D line calculation period
- First stochastic slowing – first stochastic smoothing calculation period
- First stochastic %K-smoothing type – first stochastic %K line smoothing period
- Simple – simple smoothing
- Exponential – exponential smoothing
- Fast – fast smoothing
- First stochastic %D-smoothing type – first stochastic %D line smoothing type
- Simple – simple smoothing
- Exponential – exponential smoothing
- Second stochastic %K period – second stochastic %K line calculation period
- Second stochastic %D period – second stochastic %D line calculation period
- Second stochastic slowing – second stochastic smoothing calculation period
- Second stochastic %K-smoothing type – second stochastic %K line smoothing type
- Simple – simple smoothing
- Exponential – exponential smoothing
- Fast – fast smoothing
- Second stochastic %D-smoothing type – second stochastic %D line smoothing type
- Simple – simple smoothing
- Exponential – exponential smoothing
- Overbought – overbought level
- Oversold – oversold level
Fig. 1. Two Stochastics with MA Smoothing and Convergence Divergence line,
Calculation mode = Stoch1/Stoch2 divergence
Fig. 2. Two Stochastics with MA Smoothing and Convergence Divergence line,
Calculation mode = Two stochastics