Stochastic Indicator Blau_TStoch:
Stochastic Indicator (smoothed q-period Stochastic) by William Blau is based on Stochastic Indicator (see Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis). It shows the distance between the close price and lowest price of the q bars. The numerical value of Stochastic shows the price position relative to the lowest price of the period (q bars), the values are >=0.
Author: Andrey N. Bolkonsky