Stochastic typically used to identify overbought and oversold conditions the indicator consists of two lines: % K and %D. Stochastics can also be use to generate buy and sell signals. I like to use stochastic as possible buy and sell opportunities after defining a trend. If the trend is up I like to only take buy signals regardless of the reading as long as the trend remains in place. I ignore the sell signals. I purposefully weaken the stochastics to give me more signals and I use 8,3,3 as my Stochasti settings for my swing trading. The same is true of selling in a bearish trend.
I ignore the buy signals and only take the sell signals. I don’t use stochastics on their own as trading method as all the settings I have tried ultimately resulted in to many wipsaws. Experiment with different settings and consider adding this indicator to your swing trading arsenal.
About Swing Indicators for Trading - About Swing Indicators for Trading. A swing trader watches stocks and looks for a trend that is ready to reverse.
Best Swing trading indicator - Looking for the most successful indicators for a swing trading strategy.
I ignore the buy signals and only take the sell signals. I don’t use stochastics on their own as trading method as all the settings I have tried ultimately resulted in to many wipsaws. Experiment with different settings and consider adding this indicator to your swing trading arsenal.
About Swing Indicators for Trading - About Swing Indicators for Trading. A swing trader watches stocks and looks for a trend that is ready to reverse.
Best Swing trading indicator - Looking for the most successful indicators for a swing trading strategy.
Forex is simple follow the trend and you will rich.
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