Sunday, February 5, 2012

Forex Stochastic Indicator Explained

June 2, 2010 by  
Filed under Forex Indicator

The stochastic indicator is a tool that is developed by George C.Lane. It is in fact a momentum indicator or oscillator that is used to compare the current market price to the high and low of a specific period of time. The stochastic is made up of 2 lines, %K and %D. Depending on your [...]