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Indicators: Stochastic Index Blau_TStochI

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Automated-Trading
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Automated-Trading 2011.06.24 13:56 

Stochastic Index Blau_TStochI:

Stochastic Index (normalized smoothed q-period Stochastic) by William Blau, described in the book Momentum, Direction, and Divergence: Applying the Latest Momentum Indicators for Technical Analysis. The values of q-period smoothed Stochastic is normalized and mapped into the [0,+100] interval. It allows to determine the overbought/oversold of the market.

Author: Andrey N. Bolkonsky

Stochatic Index Indicator by William Blau

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