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Indicator Table

Indicators at a glance

The full stochastic indicator consists of three main lines, each of which serves a different purpose. The blue line (%K) reflects price momentum and is the fastest moving of the three lines, reacting quickly to price changes.

The green line (%D) represents the moving average of %K, which helps smooth out short-term fluctuations and provide a clearer view of the trend.

Finally, the Orange Line (%K Slow), often referred to as the Slow Line, is a more refined, smoother version of the %K Line, providing a more stable signal for identifying potential market reversals.

Indicators are in an upward trend

On the 4-hour Bitcoin (BTC) chart, when the %K, %D, and %K Slow lines fall below the 20 level, and the %D line crosses above the %K Slow line, this can be interpreted as a buy signal.

In this case, the trader can enter the Buy position after confirming the additional signal.

Indicators are in a downward trend

The chart below shows the GBP/JPY currency pair on the 1 hour time frame. When these lines are above the 80 level and the %D line crosses below the %K slow line, this may indicate a sell signal .

In this case, traders may consider opening a sell position upon further confirmation.

Indicator Settings

• Chart Theme: Chart background color;
• K Period: Calculate the period of %K line; the default is 89 candles;
• Slow K Period: Calculate the period of the slow %K line; the default is 55 candles;
• D Period: Calculate the period of %D line; the default is 34 candles;
• Show K Line: Display %K line;
• Show K Slow Line: Show slow %K line;
• Show D Line: Display %D line.

Conclusion