This indicator displays two stochastics with adjustable smoothing and a convergence/divergence line of %K lines of those two stochastics.

It has thirteen adjustable parameters:

  • Calculation mode - calculation and display mode

  • Two stochastics - two stochastics with predefined parameters

  • Stoch1/Stoch2 divergence - %K lines of stochastics with predefined parameters and the line of convergence/divergence between them

  • First stochastic %K period - first stochastic %K line calculation period

  • First stochastic %D period - first stochastic %D line calculation period

  • First stochastic slowing - first stochastic smoothing calculation period

  • First stochastic %K-smoothing type - first stochastic %K line smoothing period

  • Simple - simple smoothing

  • Exponential - exponential smoothing

  • Fast - fast smoothing

  • First stochastic %D-smoothing type - first stochastic %D line smoothing type

  • Simple - simple smoothing

  • Exponential - exponential smoothing

  • Second stochastic %K period - second stochastic %K line calculation period

  • Second stochastic %D period - second stochastic %D line calculation period

  • Second stochastic slowing - second stochastic smoothing calculation period

  • Second stochastic %K-smoothing type - second stochastic %K line smoothing type

  • Simple - simple smoothing

  • Exponential - exponential smoothing

  • Fast - fast smoothing

  • Second stochastic %D-smoothing type - second stochastic %D line smoothing type

  • Simple - simple smoothing

  • Exponential - exponential smoothing

  • Overbought - overbought level

  • Oversold - oversold level

Fig. 1. Two Stochastics with MA Smoothing and Convergence Divergence line,
Calculation mode = Stoch1/Stoch2 divergence

Fig. 2. Two Stochastics with MA Smoothing and Convergence Divergence line,
Calculation mode = Two stochastics