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Fast Stochastic

What is the definition of Fast Stochastic?

The Stochastic Oscillator is a momentum indicator that measures where the close is in relation to the recent trading range. The Stochastic Oscillator is made up of two lines that oscillate between a vertical scale of 0 to 100. The %K is the main line and it is drawn as a solid line. The second is the %D line and is a moving average of %K. The %D line is drawn as a dotted line. The Fast Stochastic is the average of the last three %K and a Slow Stochastic is a three day average of the Fast Stochastic.

Stockopedia explains Fast Stochastic...

The default charting is 14 days for the %K and 3 days for the %D line.

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