Description:
The stochastic function is based on the theory that as prices decrease,
they tend to accumulate near the extreme lows;
and, while rising, they tend to accumulate near the extreme highs.
%K = 100 * (Close for current period - Lowest Low for n periods) / (Highest High for n periods - Lowest Low for n periods)
Parameters:
Period Period to Calculate the RawK
Arguments:
None
Output Indicators:
RawK
Example:
Study Name Expanded in a 3 minute timeframe:
I3_RawK(25)_I3
This study calculates the RawK on the 3 minute timeframe, of the 3 minute close.
The Period is 25.
The output indicators names are appended to the studyname,
that is if the studyname is sn1 then
the outputindicator is
sn1::RawK
