Stochastic - Percentile

Stochastic - Percentile is a technical oscillator, which is based on the price position at a given time interval. Last N of bars are arranged in ascending order, and the arranged number of the last bar is divided by the period value. After the oscillator calculation, the values are smoothed by the moving average.

The indicator view in the chart.

The indicator has the following parameters:

Settings

Period - setting of the oscillator calculation period.

Moving Average - setting of the oscillator values smoothing period.

Common

Source - setting of the indicator calculation parameters:

• Open
• High
• Low
• Close
• Volume

Drawing

Panel - selection of the indicator location in the chart:

• New panel
• Chart

Visualization

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

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.

Color - color setting of the indicator.

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:

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

Width - setting of the indicator line width.