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Use as
a purchase/sell signal generator in foreign exchange trading, purchasing when fast moves are higher then slow and selling when fast moves are under slow. |
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| The majority of dealers
in foreign exchange trading use the Slow Stochastic Oscillator it provides more trustworthy signals. There are 3 variants of acting after getting the Fast Stochastic |
Oscillator results:
1. Purchase when the %K line moves over the %D line and sell when the %K line becomes less than the %D line.
2. Sell when the Oscillator moves over the point of 80 and then moves below that level. Purchase when the Oscillator - %K or %D - moves under the point of 20 and then rises back above that level.
3. Find distinctions - prices moving to a series of new peaks as the Stochastic Oscillator can't exceed the previous peaks.
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In forex trading, we advise you to test this indicator in demo account trading before using it in real account.
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