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  |  MAR 1989

Stochastic oscillator by Mike Takano

Stochastic oscillator by Mike Takano The stochastic oscillator is used to indicate overbought or oversold conditions on a scale of zero to 100%. The stochastic process is based on the observation that as price decreases, the daily closes tend to accumulate nearer the extreme lows of the daily range.

by Mike Takano

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