Where the close sits inside the recent high to low range.
%K is 100 when the close is at the top of the range, 0 at the bottom. %D is a smoothed %K. Crossings of %K and %D are the usual signal.
Worked out by the same code the builder uses, on stored daily candles. Move a setting and the line moves with it. This is what happened, not what will happen.
Entry: Stochastic %K crosses above Stochastic %D.
Very fast and noisy on short timeframes; use it with a trend gate.
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