Description
The Stochastic Full Diff study is another method of interpreting values produced by Stochastic Full. Having calculated values FullK and FullD, the study plots their difference as a histogram. The crossovers of the histogram and the zero level will then conform to FullK crossovers above and below FullD, which may indicate important trading signals.
Input Parameters
| Parameter | Description |
|---|---|
price h
|
The type of price whose highest value is to be found on the specified period. |
price l
|
The type of price whose lowest value is to be found on the specified period. |
price c
|
The type of price whose latest value is to be found. |
k period
|
The period for which the highest and the lowest price values are to be found. |
k slowing period
|
The length of the moving average to be applied to %K. This produces the FullK value. |
d period
|
The length of the moving average to be applied to FullK. This produces the FullD value. |
average type
|
The type of moving average to be used in calculations: simple, exponential, weighted, Wilder's, or Hull. |
show breakout signals
|
Controls indication of histogram crossovers above and below the zero level. |
Plots
| Plot | Description |
|---|---|
StochasticHistogram
|
The Stochastic Full Diff histogram. |
ZeroLine
|
The zero level. |
UpSignal
|
If enabled, displays an up arrow every time the histogram crosses above the zero level. |
DownSignal
|
If enabled, displays a down arrow every time the histogram crosses below the zero level. |
Example*
*For illustrative purposes only. Not a recommendation of a specific security or investment strategy.
Past performance is no guarantee of future performance.