Learn To Trade The Forex Market _Part 6_

							Learn To Trade The Forex Market (Part 6)



STOCHASTIC OSCILLATOR

Is a tool that was developed by George C. Lane at the end of the 50's.
This indicator is used for the purpose of determining the market at last
before the trend changes based on specific times.
This indicator is also used to determine the relative strength of the final market price
for a time.
Stochastic Oscillator is defined mathematically as:




at a certain period.




Recent close = last closing price
Lowest Low = the lowest price for a specified period
Highest quality = high price for a specified period




Circumstances and nature of the Stochastic Oscillator

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