William's Vix Fix Stochastic oscillator is calculated based on William's Vix Fix indicator
There are five inputs:
- WVF period - William's Vix Fix calculation period
- %K period - stochastic %K line calculation period
- %D period - stochastic %D line calculation period
- Overbought - overbought level
- Oversold - oversold level
Calculation:
K = 100.0 * mins/maxes,
D = SMA(K, %D period)
where:
mins = WVF - MinLow
maxes = MaxHigh - MinLow
MinLow, MaxHigh - minimum and maximum WVF values in the %K period range
WVF = 100.0 * (MaxR-Low) / MaxR
MaxR - maximum Close price in the WVF period range