Can someone please explain this better? There are 3 parameters that must be entered for iStochastic: kperiod, dperiod, and "slowing"
The %K line by definition is just 100*(close-L)/(H-L). Here the High H and Low L are found over kperiod bars.
The %D line is a dperiod moving average of the %K line, right?
So what exactly is the "slowing"parameter? How exactly is this applied to the main line (%K line), and/or the signal line (%D line)?
Is it the case that the Main Line (%K) is just 100*(close-L)/(H-L) without any other averaging? Or is the slowing parameter somehow used to tweak this?