Stochastic oscillator
George Lane · 1950s
What it measures
Where today's close sits inside the high-low range of the last 14 days, as a percentage. Pinned near the top means strength — and at the same time, heat.
How TickTurn reads it
%K at 80 or above counts bearish as overheated, 20 or below counts bullish as oversold. In between, %K above %D and above 50 counts bullish; below %D and under 50 counts bearish.
That judgement is made on closed daily bars only; a bar still in progress is left out, because including it makes the same symbol change its answer within the day. On the result screen this indicator holds one vote out of 21.
It is not an answer on its own
If one indicator could call tomorrow, everyone would use only that one. TickTurn asks 21 of them together not because any single one is trusted, but to show plainly where they disagree. Even the combined score, measured against the right baseline, came out only a shade better than chance — the scoring is written up in how we tested.