Forex TM Signals // Trading Systems

Stochastics Indicator

by Galib Mammadov mqalib.futurenet.club
Galib Mammadov Committed   mqalib.futurenet.club
The stochastics indicator is one of the oldest analytical tools in the market today. It was introduced in the 50s by George C. Lane, and has been popular ever since with both novice and experienced traders. It's great advantage is its simplicity. It's very easy to plot and evaluate it, and while it's just as prone to generating false signals as any other indicator, the vast amount of analysis and study available means that its behavior is better understood by traders and analysts.

On a chart, the stochastics indicator looks like this:
http://i-am-learning-forex.blogspot.com/2012/04/stochastics-indicator.html
Apr 3rd 2012 04:57

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