SLOW_KD

Indicator Description

SLOW_KD (Slow Stochastic Indicator) is a momentum indicator that reflects the overbought and oversold state and trend changes in the market by calculating the stochastic indicator of price.

Function Information

• Function Name: SLOW_KD
• Input Parameters: High, Low, Close
• Parameter Settings: timeperiod1 (default: 8), timeperiod2 (default: 3), timeperiod3 (default: 3), timeperiod4 (default: 3)
• Output: k, d

Calculation Principle

SLOW_KD reflects the overbought and oversold state of the market by calculating the stochastic indicator of price. The K value reflects the position of the price within the period, and the D value is the moving average of the K value.

Application Scenarios

1. Overbought and oversold judgment
2. Trend reversal identification
3. Divergence signal analysis
4. Trading signal generation

Usage Suggestions

1. K line crossing above D line can be seen as a buy signal
2. K line crossing below D line can be seen as a sell signal
3. Use in combination with overbought and oversold thresholds
4. Pay attention to the use of divergence signals