Posted by Mohammad Rahhal, Last modified by Rawan Al Hourani on 15 June 2016 01:58 PM
The Stochastic Oscillator is a popular indicator that shows where a security’s price has closed in proportion to its closing price range over a specified period of time.
The Stochastic Oscillator has two components: %K and %D. %K is most often displayed as a solid line and %D is often shown as a dotted line.
The most widely used method for interpreting the Stochastic Oscillator is to buy when either component raisesabove 80 or sell when either component falls below 20.
Another way to interpret the Stochastic Oscillator is to buy when %K raises above %D, and conversely, sell when %K falls below %D.
Returns the handles of a technical indicator, in case of failure returns an empty string.