What is a Slow Stochastic?
Stochastics is a momentum oscillator. It compares the Close of the day to the price range of a specified number of periods. Slow stochastics provides a smooth indicator without some of the fluctuations in %K.
%K_Slow (%D) = MA (%K) over period N
%D_Slow = MA (%D) for period N
Where MA is Moving Average.