Disliked{quote} No offense, but the stoch is one of the worst indicators. The %K setting mirrors the corresponding moving average. %D becomes a moving average trend line you add to the indicator. Slowing restricts its ability to respond to ticks and acts like an increase to the period setting. The 50 line cross mirrors crossing the moving average of the %K value. Because of the "slowing" value, it might be a little off, but that is the general idea. Since this is an oscillating indicator, then once it crosses the 50 line, you want to find its apex. Unfortunately,...Ignored
Disliked{quote} WOW! I don't know you, but you post a lot of information from books. Do you have any information from experience? I have over 40,000 hours of Forex chart time and I think you have given a terrible analysis concerning indicators. You made all that up. No facts. WOW! Why are you giving opinions as advice? Take a business class. Learn something. Trading is non-fictional. Scenarios are fake. I will guess you are a line trader, so you have to guess on every line touch as to what to do next and have incorrectly assumed indicators work the same...Ignored
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