Slow Stochastic

This applies to: Managed Dashboards, Managed Reports

The Slow Stochastic function compares the close price of a stock against its price range (high-low) over a specified number of time periods. It is derived by applying a 3-period, simple moving average to the Fast Stochastic line. Applications of Slow Stochastic include the generation of buy and sell signals.

Syntax

Slow Stochastic:

SLOSTOC(d0,dl,d2,s0,Alignment)

Trigger Line:

SLOSTOCTRG(d0,dl,d2,s0,Alignment)

Input

The Slow Stochastic functions require the following input series:

• d0 - High data values - The first set of data values for which the Slow Stochastic formula is calculated, usually the daily high price of a stock.

• d1 - Low data values - The second set of data values for which the Slow Stochastic formula is calculated, usually the daily low price of a stock.

• d2 - Close data values - The third set of data values for which the Slow Stochastic formula is calculated, usually the daily close price of a stock.

Parameters

The Slow Stochastic function has the following parameters:

• s0 - Look Back Period - The number of time periods for determining the overall high and low values. Default value is 14.

• Alignment (Optional) - Hierarchy placeholder to be used as the alignment axis.

Output

The SLOSTOC function generates the following output

• Slow Stochastic - The Slow Stochastic result set.

The SLOSTOCTRG function generates the following output

• Trigger Line - The trigger line is a 3-period, simple moving average that is used to smooth out the Slow Stochastic values.