Forex stochastic oscillator
How does forex stochastic oscillator work: formula, advantages and disadvantages, application to trade. Modifications of original stochastic and practical examples of trading strategies based on them.
Stochastic oscillator is one of the common tools used in different forex trading strategies, both in short term and position trading. It is well combined with trend oscillators on different timeframe and serves as additional filter in technical analysis. Its formula has been many times upgraded, but it has been quite popular among traders of different experience for over fifty years. Read on in the article about how stochastic works, about…
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