Phrases with «stochastic indicator»

A stochastic indicator is a tool used in technical analysis to measure the momentum of a price movement. It helps determine if an asset is overbought (when prices are considered too high and may decrease) or oversold (when prices are considered too low and may increase). Full definition

Sentences with «stochastic indicator»

  • Using stochastic indicators does not require advanced calculations in most Forex trading sites, since these are included and are done automatically in the Forex Trading Software Online. (fxinfo.com)
  • The Forex trading stochastic indicator warns about the presumed future direction of the Forex trading currency price, based on the assumption the when the currency price rises is closes near the high and when it drops it closes near lows. (fxinfo.com)
  • The Top Dog Trading system, for instance, has a whole catalog of stochastic indicator patterns, called «second chance» patterns, that are very accurate for calling absolute cycle highs and lows in price. (fxdayjob.com)
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