The slow stochastic indicator is a price oscillator that compares a security’s closing price over “n” range. The most commonly used range for the slow stochastic indicator is 14.
Hi, how this is different from the built-in Stochastic indicator (which includes both fast and slow stochastic) ?
Thanks!
Oshri17
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@janfry, The main difference between fast and slow stochastics is summed up in one word: sensitivity. The fast stochastic is more sensitive than the slow stochastic to changes in the price of the underlying security and will likely result in many transaction signals.
-Investopedia
panadda01
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Where is the Slow Stochastic indicator? There are only Stochastic, Stochastic RSI and Stochastic Slow Strategy indicators. When I use the Price Oscillator indicator, it's not the same. Please help. Thanks
steveo22
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@panadda01, did you manage to find an answer to this? Suffering from the same problem!
owadez
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This is exactly similar to tradingview's stochastic indicator. produce same results !
Is this the same as Ira Epstein's slow stochastics? He says 14,3,3 are the key numbers.
franzb0
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Excellent script. Is there a way to name the two plots so we can set alerts when they intersect? Even better would be if the alert is able to activate in over* zones for intersections.
Thanks!