stelaraX - Stochastic

stelaraX – Stochastic

stelaraX – Stochastic is a momentum oscillator designed to compare the current closing price to the recent price range over a defined period. It helps identify overbought and oversold conditions and provides early signals for potential momentum shifts.

This indicator is part of the stelaraX ecosystem, focused on clean technical analysis and AI-supported chart evaluation.
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Core logic

The Stochastic oscillator is calculated using three configurable parameters:

* %K lookback period
* %K smoothing
* %D smoothing

The indicator consists of:

* the %K line, representing raw momentum
* the %D line, a smoothed moving average of %K

Momentum is considered bullish when %K is above %D and bearish when %K is below %D. Crossovers between %K and %D can indicate potential trend shifts.


Visualization

The script plots:

* the %K line
* the %D line
* a configurable overbought level
* a configurable oversold level

The area between the overbought and oversold levels is visually highlighted, allowing quick identification of extreme momentum conditions.


Use case

This indicator is intended for:

* identifying overbought and oversold market conditions
* spotting early momentum reversals
* confirming trend continuation or exhaustion
* divergence analysis between price and momentum

For traders who want to combine classical oscillators with modern AI-driven chart analysis, additional tools and insights are available at stelarax.com


Disclaimer

This indicator is provided for educational and technical analysis purposes only and does not constitute financial advice or trading recommendations. All trading decisions and risk management remain the responsibility of the user.