Xceed Chart for WinForms v4.4 Documentation
Welcome to Xceed Chart for WinForms v4.4 / User Guide / Data Manipulation / Functions / Stochastic Oscillator
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    Stochastic Oscillator
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    Syntax

    STOCHASTIC(close; high; low; period)

    Arguments

    Stochastic is usually used with OHLC charts.
    The first three arguments are arrays: 'close' contains the close values, 'high' contains the high values, and 'low' contains the low values.
    The 'period' parameter defines the period for the function and must be a constant greater than or equal to 1.

    Result

    The result is an array.
    The first 'period' elements of the result are marked as invalid.

    Description

    The Stochastic Oscillator compares where a security's price closed relative to its price range over a given time period. The formula of the function is:  

    result[n] =  (close[n] - LL) / (HH - LL) 

    LL is the current lowest low value for the given time period.
    HH is the current highest high value for the given time period.

    Related Examples

    Windows Forms: Data Manipulation\Functions\Other Financial Functions