StochasticFullDiff

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

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

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.

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