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    Full Stochastic
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      Full Stochastic

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        Article summary

        DXcharts powers DXtrade, DXfina, and FinCharts.
        Check our website to find more information about DXcharts library.

        The Full Stochastic oscillator is a generalized version of the two other oscillators: Fast Stochastic and Slow Stochastic. Likewise Fast Stochastic and Slow Stochastic, the indicator identifies the market strength by comparing the closing price of a security with its price range over a period of time. The oscillator is bounded to the range from 0 to +100 and is consisted of two plots: FullK and its smoothed version FullD. Crossover of either lines with overbought/oversold levels generates sell (above 80) and buy (below 20) signals respectively. 

        Default settings of the Full Stochastic makes it neither Slow nor Fast but an average version in comparison with the Fast Stochastic and Slow Stochastic oscillators. Customize the number of periods of the FullK and FullD plots in settings to make it act closer either to the Slow or Fast version.

        FullK = MA(%K), %K = [ (C - L) / (H - L) ] * 100
        FullD = MA(FullK)

        where:
        %K – FastK, the plot from the Fast Stochastic oscillator
        C – the most recent closing price
        L – the Lowest price during period
        H – the Highest price during period
        MA – Moving Average

        Full StochasticFull Stochastic

        INPUTS

        InputDescription
        KPeriodThe period the indicator uses to calculate FullK
        KSlowingThe length of the moving average to be applied to FastK (%K)
        DPeriodThe length of the moving average to calculate FullD
        OverboughtThe price value to fix the overbought level at
        OversoldThe price value to fix the oversold level at
        Average
        The following Moving Average types are available for calculations:
        • Simple. Simple Moving Average (SMA).
        • Wilders. Wilders Smoothing.
        • Weighted. Weighted Moving Average (WMA).
        • Exponential. Exponential Moving Average (EMA).

        PLOTS

        The plot renders the data you are working with on the chart. You can show/hide a plot by clicking the corresponding item in the settings. Every plot has a set of basic settings that you can change: color, weight, and type.

        PlotDescription
        FullKThe FastK plot
        FullDThe FastD plot
        OverBoughtThe oversold level
        OverSoldThe overbought level
        Color

        Click the color rectangle under the plot's name to open the palette. Use the slider at the bottom to set the opacity of the color.

        Palette

        To create a custom color:

        1. Clickto open the color picker
        2. By using the slider at the bottom, adjust the main color
        3. Then, set a shade for the main color on the palette

        The custom-created colors are added to your palette. To remove a custom color, drag it out of the palette.

        Weight
        Change the value (in px) to adjust the thickness of the plot.
        Type
        The following plot types are available:
        • Linear. The plot is displayed as a line.
        • Column. The plot is displayed as a histogram.
        • Difference. The plot is displayed as a line which represents the difference between High and Low prices of the bar.
        • Points. The plot is displayed as points.
        • Text above candle. The plot is displayed as the price labels above candles on the chart.
        • Text below candle. The plot is displayed as the price labels below candles on the chart.
        • Triangle above candle. The plot is displayed as triangles above candles on the chart.
        • Color candle. The candles on candle-type charts are highlighted with specified colors.

        OVERLAYING

        Check Overlaying to display the indicator on the chart. Otherwise, the indicator is shown in a study pane down below.

        Note: To reset the settings, click Restore to Default next to the SETTINGS: INDICATOR'S TITLE
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