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DownloadSTOCHASTIC OSCILLATOR by Harry Schirding
ARTICLE SYNOPSIS ...STOCHASTIC OSCILLATOR by Harry Schirding Stochastic is an oscillator, that like the Relative Strength Indicator (RSI) or Contary Opinion, can be used to indicate an overbought or oversold condition. The process has at its root an observation that in rising markets, prices tend to accumulate near the upper end of the day's trading range. The observation also follows for falling markets that the close will tend to accumulate near the lower end of the day's trading range. The result of computations described below will net two indicators, the ""%D"" and ""K"", which are plotted together to give ...
Compu-Tracâ My Trading Partner! by Harry Schirding
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