Forex Ea System - I use the stochastic all the time and think There is no better indicator for timing your trading signals - its simply the ultimate momentum indicator and quite forex trader should use it - lets look at this fantastic indicator in greater depth...he stochastic indicator is:A momentum indicator which warns of strength or weakness in advance, making it leading indicator to confirm trading signals in conjunction with support and resistancehe Technical BitThe stochastic is plotted as two lines %K and %Dhe %K line is the more sensitive lineThe %D line is a moving average of %Khe plotting of the stochastic is a bit similar to a moving averageubstitute the %K for the fast moving average and %D for the slower averagehe lines are plotted 1 - 100ere are 3 ways you can use the stochastic indicator to great affect, with crossovers from over bought - oversold being my personal favorites a Overbought / Oversold Indicator A Well-known use of the stochastic is to use it as an overboug ... [Click Here - Forex Ea System]
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