I was also thinking a little bit about that. As had to program all my indicators (not so many at the moment) myself I also did the Stochastic one.
Formula
First the %K(fast) line is calculated, as with the Fast Stochastics. (This line is not shown in the graph.)
* The %K(fast) line is defined as follows:
%K(fast) = (CP - Ln) / (Hn - Ln) * 100
where CP = Latest Closing Price, n = the number of periods, Ln = the Lowest bid price over the last n periods, and Hn = the Highest ask price over the last n periods.
Then:
%K(full) = m1-period simple moving average of the %K(fast) line
%D(full) = M2-period simple moving average of the %K(full) line
Parameters
The Full Stochastics has three parameters:
* n specifies the number of periods to use when calculating the initial %K(fast).
* m1 specifies the number of periods over which the %K(full) line is to be smoothed.
* m2 specifies the number of periods used to calculate the %D line.
Maybe the formula is a help for some of you to think that through.
MJ