The Aroon Oscillator is programmed differently than
most stochastic indicators.
Not exact matches
Two of the
most popular
indicators you can incorporate into your strategy are moving averages and
stochastic crossovers.
I have gone through the
indicators stage myself, i think
most people do or we all do, however as you said above, i have cut back to only a couple (macd cross and
stochastic) and trade totally based on price action now..
The bottom chart has MACD,
Stochastics, ADX and Bollinger Bands on it; four of the
most widely used
indicators AKA «secondary» analysis tools as they are sometimes called:
Over 30
most widely used technical
indicators, including Relative Strength Index (RSI), Bollinger Bands, MACD,
Stochastic Oscillator, Ichimoku, Moving Average, etc..
The
most common divergence strategies used in forex trading look to profit when there is divergence between price movement and market momentum, often employing either the
stochastic oscillator or the moving average convergence divergence (MACD)
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.