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Momentum Indicators

Stochastic Oscillator

Master the Stochastic Oscillator - learn %K and %D lines, overbought/oversold zones, and crossover strategies.

What is the Stochastic Oscillator?

The Stochastic Oscillator was developed by George Lane in the 1950s. It compares the current closing price to the high-low range over a specified period, measuring momentum on a 0-100 scale.

The core principle: in uptrends, prices tend to close near the high; in downtrends, near the low.

%K = ((Close - Lowest Low) / (Highest High - Lowest Low)) × 100

%D = 3-period SMA of %K (signal line)

How to Interpret

Key Levels

  • Above 80: Overbought zone - potential selling opportunity
  • Below 20: Oversold zone - potential buying opportunity
  • 50 line: Equilibrium - above = bullish bias, below = bearish

Bullish Signals

  • %K crosses above %D below 20
  • Both lines rising from oversold
  • Bullish divergence (price lower low, stoch higher low)

Bearish Signals

  • %K crosses below %D above 80
  • Both lines falling from overbought
  • Bearish divergence (price higher high, stoch lower high)

GarudaAlgo Implementation

GarudaAlgo Enhancement

GarudaAlgo uses Stochastic as part of the momentum analysis, detecting %K/%D crossovers and divergence patterns automatically. We combine Stochastic signals with RSI for stronger confirmation.

Standard Settings

  • %K Period: 14
  • %D Period: 3
  • Slowing: 3

Trading Strategies

Strategy 1: Overbought/Oversold Reversal

  1. Wait for Stochastic to enter overbought (>80) or oversold (<20)< /li>
  2. Watch for %K to cross %D in opposite direction
  3. Confirm with price action (reversal candle)
  4. Enter trade in direction of crossover

Strategy 2: Stochastic + Trend

  1. Identify overall trend using higher timeframe
  2. In uptrend: only take Stochastic buy signals from oversold
  3. In downtrend: only take sell signals from overbought
  4. Avoids counter-trend trades in strong trends