- It is green when fast is bigger than slow and moving up, red when the opposite, and yellow otherwise.
- Editables: You can change the lookback period of slow and fast.
- Alarms: You can set alarm for when the fast stochastic crosses over the slow and under.
The Stochastics Oscillator is a range-bound oscillator consisting of two lines that move between 0 and 100. The Stochastic Oscillator (STOCH) was developed by George Lane in the 1950’s. Lane believed that his indicator was a good way to measure momentum which is important because changes in momentum precede change in price.