SlowK Divergence

The SlowK Divergence (SKDV) was authored by www.bayou.com. The SKDV doubly smooths the slow K stochastic over two time periods. The user may change the input (close), method (SMA) and period lengths. This indicator’s definition is further expressed in the condensed code given in the calculation below.

SlowK Divergance

How To Trade Using SlowK Divergence

The SlowK Divergence may be used in conjunction with other studies. No trading signals are calculated for this indicator.

How To Access in MotiveWave

Go to the top menu, choose Study>Oscillaors>SlowK Divergence

or go to the top menu, choose Add Study, start typing in this study name until you see it appear in the list, click on the study name, click OK.

Important Disclaimer: The information provided on this page is strictly for informational purposes and is not to be construed as advice or solicitation to buy or sell any security. Please see our Risk Disclosure and Performance Disclaimer Statement.

Calculation

//input = price, user defined, default is closing price
//period1 = user defined, default is 9
//period2 = user defined, default is 3
//method = moving average (ma), user defined, default is SMA
//stochK = stochastics fast K
//sk = slow K, index = current bar number

fastK = stochK(index, period1, input);
sk = ma(index, period1, fastK);
Plot: skdv = ma(method, index, period2, SK);