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Stochastic Oscillator - Custom
Appeared in the September 1999 issue of Stocks & Commodities magazine.
Here is the MetaStock 6.5 or higher custom formula for stochastics:

Stochastic Oscillator - Custom

KPERIODS := Input("%K Time Periods",1,20,5);
KSLOW := Input("%K Slowing",1,20,3);
DPERIODS := Input("%D Time Periods",1,20,3);
K :=100*(Sum(CLOSE - LLV(LOW,KPERIODS),KSLOW))/
(Sum(HHV(HIGH,KPERIODS)-LLV(LOW,KPERIODS),KSLOW));
D := Mov(K,DPERIODS,S);
K;
D;

 

MetaStock also contains built-in indicators for the Stochastic Oscillator and Stochastic Momentum Index.

-- Cheryl Elton, Equis International

Source / From: TOP
http://www.traders.com

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