STOCHASTIC
The stochastic oscillator was developed by George Lane in 1950. In Stochastic in an upward-trending market, prices tend to close near their high, and during a downward-trending market, prices tend to close near their low. Compared to RSI, the Stochastic indicator has a higher sensitivity to closing prices and keeps more information about price movements.
Calculation:
K = (C-L) / (H-L)*100
K = Lane’s stochastic oscillator
C = the latest closing price
L = the n-period low
H = the n-period high
Stochastic is also useful for identifying overbought and oversold levels.
HOW TO USE STOCHASTIC OSCILLATOR
The Stochastic Oscillator is displayed as two lines. The mainline is called "%K." (fast stochastic - a three-period moving average) and %D (slow stochastic - a three-period simple moving average (SMA) of %K). The main signal that is formed by this oscillator is when the %K line crosses the %D line. A bullish signal is formed when the %K breaks through the %D in an upward direction. A bearish signal is formed when the %K falls through the %D in a downward direction.
HOW TO BE A TRADER?
We invite you to meet Mekness investment world. You can follow the steps below to be an online investor with us.
-
You can fill the free demo account form on the side to open an unreal account and try the market without any risk.
-
You can apply to open a real account to enter the world of investment.
-
After depositing the initial investment you can easily start to trade.
LEGAL: This website is operated by Mekness Limited Registration No: LL18868.
Registered Address: Lot No. 20, Level 1, Lazenda Commercial Centre Phase 3, Jalan OKK Abdullah, 87000 Federal Territory of Labuan, Malaysia
Operational Address: Office No. 106, First Floor, Sheikh Rashid Building, R133, Al Rigga, Dubai UAE Contact: +971 43 88 4268 |
Risk Warning: Trading Forex and Leveraged Financial Instruments involves significant risk and can result in the loss
of your invested capital. Your capital is at risk. Leveraged products may not be suitable for everyone.
Restricted Regions: Mekness does not offer its services to residents of certain jurisdictions such as USA, Canada, Japan, Iran, Cuba, Sudan, Syria and North Korea.