Kairos™
StochSlow - Slow Stochastics K and D
The Stochastic Oscillator measures where the close is in relation to the recent trading range. The SlowK and SlowD are the smoothed FastK and SlowD. The values range from zero to 100. %D values over 75 indicate an overbought condition; values under 25 indicate an oversold condition. When the SlowK crosses above the Slow D, it is a buy signal; when it crosses below, it is a sell signal. Simple Moving Average is used for smoothing.
(Today's Close - LowestLow)
FASTK(Kperiod) = --------------------------- * 100
(HighestHigh - LowestLow)
MA Smoothed FASTK
FASTD(FastDperiod) = ---------------------------
FastDperiod
SLOWK(SlowKperiod) = MA Smoothed FASTK over SlowKperiod
SLOWD(SlowDperiod) = MA Smoothed SLOWK over SlowDperiod
Slow Stochastic on the Daily Timeframe, with a FastKPeriod of 14, SlowKPeriod of 3 and SlowDPeriod of 3
Slow Stochastics displayed on a daily chart of ^GSPC
The StochSlow Indicators, SlowK and SlowD, can be used in conditions