stoch_k
Stochastic %K (Fast Stochastic)
stoch_k(period)
Parameters
Stochastic %K - stoch_k(period)
The fast stochastic oscillator that measures the current close position
relative to the high-low range over a specified period. Values range from 0 to 100.
- period (int): Number of periods for high-low range calculation
- Common values: 14 (standard), 5 (fast), 21 (slow)
Formula
%K = 100 * (Close - Lowest Low) / (Highest High - Lowest Low)
Where:
- Close = Current closing price
- Lowest Low = Lowest low over period
- Highest High = Highest high over period
Examples
stoch_k(14); # Standard 14-period %K
stoch_k(5); # Fast 5-period %K
stoch_k(14) > 80; # Overbought condition
stoch_k(14) < 20; # Oversold condition
Returns
Stochastic %K value ranging from 0 (lowest point in range) to 100 (highest point)