Compact mode

Slow Stochastic

Known for Momentum Measurement

Table of content

General Information
Characteristics
Facts

Application
Technical Details
Usage
Evaluation
Performance Metrics
Alternatives
FAQ

General Information

Indicator Type 📊

The category or classification of the trading indicator based on its primary function and analysis method.

Momentum

Slow Stochastic is a Momentum type indicator. Measures rate of price change, ideal for identifying strong trends Click to see all.
Asset Class 💰

Specifies the financial instruments for which the indicator is most commonly used

Stocks

The asset classes Slow Stochastic is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.

Forex

The asset classes Slow Stochastic is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.

Cryptocurrencies

The asset classes Slow Stochastic is typically used for are Cryptocurrencies. Indicators tailored for the volatile and 24/7 nature of cryptocurrency trading. Click to see all.
Made In 🌍

The country or origin of the trading indicator

United States

Slow Stochastic was developed in United States. Indicators developed in the USA, reflecting American trading principles Click to see all.

Characteristics

Lagging or Leading 🏁

Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.

Lagging

Slow Stochastic is a Lagging indicator. Indicators that confirm trends after they have started Click to see all.
Complexity Level 🧑

Indicates the level of expertise required to effectively use the indicator

Intermediate

The complexity level of Slow Stochastic is Intermediate. Indicators balancing complexity and usability for traders with some experience. Click to see all.
Popularity 🏆

Indicates how widely used and recognized the indicator is in the trading community

High

The popularity of Slow Stochastic among traders is considered High. Widely used and trusted indicators in the trading community Click to see all.

Facts

Interesting Fact 💡

An intriguing or lesser-known fact about the trading indicator

Developed by George Lane in the 1950s
Sarcastic Fact 😉

A humorous or ironic observation about the trading indicator

Sometimes called the "snail" of indicators due to its slow-moving nature

Application

Timeframe 🕑

The time intervals or periods for which the trading indicator is most effective or commonly used.

Daily

Slow Stochastic is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders. Click to see all.

Technical Details

Calculation Method 🧮

The mathematical or analytical approach used to compute the trading indicator's values.

Moving Averages

Slow Stochastic uses the Moving Averages calculation method. Indicators combining different moving averages for comprehensive trend analysis. Click to see all.
Signal Generation 📊

Describes the methods by which the indicator produces trading signals

Crossovers

Slow Stochastic generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes Click to see all.

Divergences

Slow Stochastic generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals Click to see all.
Customization Options 🔧

Lists the parameters that can be adjusted to fine-tune the indicator

Period

Slow Stochastic offers customization options for Period. Enables customization of analysis timeframe Click to see all.

Smoothing

Slow Stochastic offers customization options for Smoothing. Adjustable smoothing for noise reduction Click to see all.

Usage

For whom 👥

The target audience or user group for the trading indicator

Technical Traders

Slow Stochastic is designed for Technical Traders. Offers advanced technical analysis tools, ideal for chart-based trading strategies Click to see all.
Purpose 📈

The primary purpose or application of the trading indicator

Overbought/Oversold Identification

Slow Stochastic is primarily used for Overbought/Oversold Identification. Indicators that detect extreme market valuations Click to see all.

Evaluation

Pros 👍

Advantages of using the trading indicator

Helps Identify Potential Reversal Points

Signals possible trend changes, helping traders spot entry and exit opportunities Click to see all.

Effective In Ranging Markets
Cons 👎

Disadvantages or limitations of the trading indicator

Can Produce False Signals In Trending Markets

Indicators that minimize false signals during strong market trends, enhancing trend-following strategies Click to see all.

Prone To Whipsaws

Describes indicators that may generate frequent false signals during choppy market conditions. Click to see all.

Performance Metrics

Reliability Score 💯

A score indicating the overall reliability of the trading indicator

8.5

The reliability score of Slow Stochastic is 8.5 out of 10. Click to see all.
Ease of Use Score 💻

A score representing how user-friendly and intuitive the trading indicator is

7

The ease of use score for Slow Stochastic is 7 out of 10. Click to see all.
Versatility Score 🔀

A score indicating the adaptability of the trading indicator across different markets and timeframes

6.5

The versatility score of Slow Stochastic is 6.5 out of 10. Click to see all.
Customization Score 🔧

A score representing the degree of customization available for the trading indicator

6

The customization score for Slow Stochastic is 6 out of 10.
Score ⭐

The overall score of the trading indicator based on various performance metrics

7

The overall score of Slow Stochastic is 7 out of 10. Click to see all.

Alternatives to Slow Stochastic

Directional Movement Index (DMI)

Known for Strength Of Price Movement

🔀 is more versatile than Slow Stochastic

🔧 is more customizable than Slow Stochastic

⭐ is rated higher overall than Slow Stochastic

Moving Average Convergence Divergence (MACD)

Known for Trend Strength And Direction

💻 is easier to use than Slow Stochastic

🔀 is more versatile than Slow Stochastic

🔧 is more customizable than Slow Stochastic

⭐ is rated higher overall than Slow Stochastic

Simple Moving Average (SMA)

Known for Smooth Price Movements

💻 is easier to use than Slow Stochastic

🔀 is more versatile than Slow Stochastic

⭐ is rated higher overall than Slow Stochastic

Elder Triple Screen

Known for Trend-Momentum Alignment

🔀 is more versatile than Slow Stochastic

🔧 is more customizable than Slow Stochastic

⭐ is rated higher overall than Slow Stochastic

Exponential Moving Average (EMA)

Known for Smooth Price Movements

💻 is easier to use than Slow Stochastic

🔀 is more versatile than Slow Stochastic

🔧 is more customizable than Slow Stochastic

⭐ is rated higher overall than Slow Stochastic

Fast Stochastic

Known for Rapid Momentum Shifts

🔀 is more versatile than Slow Stochastic

🔧 is more customizable than Slow Stochastic

Awesome Oscillator (AO)

Known for Simplicity And Effectiveness

💻 is easier to use than Slow Stochastic

🔀 is more versatile than Slow Stochastic

🔧 is more customizable than Slow Stochastic

⭐ is rated higher overall than Slow Stochastic

Triple Exponential Average (TRIX)

Known for Filtering Out Market Noise

🔀 is more versatile than Slow Stochastic

🔧 is more customizable than Slow Stochastic

⭐ is rated higher overall than Slow Stochastic

Chande Momentum Oscillator (CMO)

Known for Momentum Measurement

🔀 is more versatile than Slow Stochastic

🔧 is more customizable than Slow Stochastic

⭐ is rated higher overall than Slow Stochastic

Momentum Indicator

Known for Price Velocity

💻 is easier to use than Slow Stochastic

🔀 is more versatile than Slow Stochastic

⭐ is rated higher overall than Slow Stochastic

FAQ about Slow Stochastic