Stochastics: How pro traders use Stochastic Indicator скачать в хорошем качестве

Stochastics: How pro traders use Stochastic Indicator

The Stochastics Indicator was developed by George Lane in the late 1950s. The indicator measures the relationship between the closing price and the price range over a predetermined period of time. It is used to indicate “overbought” or “oversold” prices in the underlying stock or instrument. The indicator is comprised of two lines and can signal an accurate buy or sell signal when they cross or change directions. While the stochastic indicator seems a simple technical indicator at first, the stochastics fail all the time and until a trader understands the limitations and failure of stochastics, they are doomed to take a buy/sell signal during these times. The problem with stochastics is not in the indicator itself, but in the application by the trader. The stochastic indicator was built for a very specific purpose and is not an all-time usage indicator. If you liked the contents of this video and want to learn more about trading the firm’s capital, please click on one of the following links: To learn more about trading in the firm’s Stock/Options Division, go to: https://mavericktrading.com/applicati... To learn more about trading in the firm’s FX/Crypto Division, go to: https://maverickcurrencies.com/applic... If you simply want to learn more about proprietary trading, please view our White Paper at: https://mavericktrading.com/what-is-p... why stochastics fail stochastic indicator failure stochastics don't work