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What is %k Slowing for Stochastic Oscillator?

Chart Forum » Indicators » What is %k Slowing for Stochastic Oscillator?

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oem7110
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Username: oem7110

Post Number: 1
Registered: 08-2006

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Thursday, August 03, 2006 - 12:22 am:Copy highlighted text to 'New Message' boxEdit Post Delete Post Print Post    View Post/Check IP (Moderator/Admin only) Ban Poster IP (Moderator/Admin only) Move Post (Moderator/Admin Only)



The general format for Stochastic Oscillator is
Stoch(%k Periods, %k Slowing). However, according to the Stochastic
Oscillator Construction [as show below], I only see the %k Periods
under the formula, but don't see the %k Slowing parameter within it.
Does anyone know what %k Slowing represents in here?

Thank you for any suggestion
Eric

========================================================
[Reference]
http://www.incrediblecharts.com/technical/sto_construction.htm
Calculating %K, by comparing the latest Closing price to the range
traded over the selected period:
CL = Close [today] - Lowest Low [in %K Periods]
HL =Highest High [in %K Periods] - Lowest Low [in %K Periods]
%K = CL / HL *100

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