Double Stochastic

Double Stochastic is an indicator based on Stochastic. It is calculated as a Stochastic value of the already calculated Stochastic. This solution helps to remove a lot of false signals.

The indicator view in the chart.

Image 36991

The indicator has the following parameters:

Image 36992


Period - set the indicator period.

SMA Period - set the Stochastic indicator SMA period.

Panel - selection of the indicator location in the chart:

  • New panel
  • Chart


Show value - display of the indicator value on the price scale.

Show zero values - display of zero values.

Scale/Auto-scaling - if this option is on, the scale will be automatically calculated, based on the minimum and maximum indicator values, so that the indicator would fit in the chart.


Visual type - visual setting of the indicator display in the chart:

  • Line
  • Histogram
  • Hash
  • Block
  • Cross
  • Square
  • Dots
  • Up arrow
  • Down arrow
  • Axis label
  • Hide

Line style - setting of the line display style:

  • Dot
  • Solid
  • Dash
  • Dash - dot
  • Dash - dot - dot

Width - setting of the indicator line width.

Is this article helpful for you?