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  • Stochastic Oscillator

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    Stephen van Heerden
    9 views3 pages
    The document discusses the stochastic oscillator indicator and provides scenarios for determining whether to trade upwards (bullish), downwards (bearish), or not to trade based on readings from the stochastic oscillator and other indicators like moving averages (MA), relative strength index (RSI), and Bollinger bands. It notes that a downward trade is indicated if the stochastic oscillator is going through 20 at a downward angle along with other bearish signals, while an upward trade is suggested if it is going through 80 at an upward angle when other indicators show bullish signals.

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    The document discusses the stochastic oscillator indicator and provides scenarios for determining whether to trade upwards (bullish), downwards (bearish), or not to trade based on readings from the stochastic oscillator and other indicators like moving averages (MA), relative strength index (RSI), and Bollinger bands. It notes that a downward trade is indicated if the stochastic oscillator is going through 20 at a downward angle along with other bearish signals, while an upward trade is suggested if it is going through 80 at an upward angle when other indicators show bullish signals.

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    9 views3 pages

    Stochastic Oscillator

    Uploaded by

    Stephen van Heerden
    The document discusses the stochastic oscillator indicator and provides scenarios for determining whether to trade upwards (bullish), downwards (bearish), or not to trade based on readings from the stochastic oscillator and other indicators like moving averages (MA), relative strength index (RSI), and Bollinger bands. It notes that a downward trade is indicated if the stochastic oscillator is going through 20 at a downward angle along with other bearish signals, while an upward trade is suggested if it is going through 80 at an upward angle when other indicators show bullish signals.

    Copyright:

    © All Rights Reserved
    Download as TXT, PDF, TXT or read online from Scribd
    Flag for inappropriate content
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    of 3

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    Stochastic Oscillator
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    trade downwards (bearish)


    ------------------------
    To your knowledge what should my trade be based on this information and the
    information you have provided?

    MA: 9 goes under 21.

    RSI: going through 70 at a downwards angle.

    Bolinger Band: candle that had touched top bollinger band is starting to fall
    towards middle

    stochastic Oscolator: going through 80 at a downwards angle.

    -----------------------------------------------------------------------------------
    -----------------------

    trade upwards (bullish)


    ------------------------
    To your knowledge what should my trade be based on this information and the
    information you have provided?

    MA: 9 goes over 21.

    RSI: going through 30 at a upwards angle.

    Bolinger Band: candle that had touched bottom bollinger band is starting to rise
    towards middle

    stochastic Oscolator: going through 20 at a upwards angle.

    -----------------------------------------------------------------------------------
    -----------------------

    Don't Trade
    ------------------------
    To your knowledge what should my trade be based on this information and the
    information you have provided?

    MA: 9 goes over 21.

    RSI: going through 30 at a upwards angle.

    Bolinger Band: candle that had touched bottom bollinger band is starting to rise
    towards middle

    stochastic Oscolator: going through 80 at a upwards angle.

    -----------------------------------------------------------------------------------
    -----------------------
    Don't Trade
    ------------------------
    To your knowledge what should my trade be based on this information and the
    information you have provided?

    MA: 9 goes under 21.

    RSI: going through 70 at a downwards angle.

    Bolinger Band: candle that had touched top bollinger band is starting to fall
    towards middle

    stochastic Oscolator: going through 20 at a upward angle.

    -----------------------------------------------------------------------------------
    -----------------------

    trade downwards (bearish)


    ------------------------
    To your knowledge what should my trade be based on this information and the
    information you have provided?

    MA: 9 goes under 21.

    RSI: going through 70 at a downwards angle.

    Bolinger Band: candle that had touched top bollinger band is starting to fall
    towards middle

    stochastic Oscolator: going through 20 at a downwards angle.

    -----------------------------------------------------------------------------------
    -----------------------

    trade downwards (bearish)


    ------------------------
    To your knowledge what should my trade be based on this information and the
    information you have provided?

    MA: 9 goes under 21.

    RSI: going through 70 at a downwards angle.

    Bolinger Band: candle that had touched top bollinger band is starting to fall
    towards middle

    stochastic Oscolator: staying in the middle, not touching either 20 nor 80

    -----------------------------------------------------------------------------------
    -----------------------

    trade upwards (bullish)


    ------------------------
    To your knowledge what should my trade be based on this information and the
    information you have provided?

    MA: 9 goes over 21.

    RSI: going through 30 at a upwards angle.


    Bolinger Band: candle that had touched bottom bollinger band is starting to rise
    towards middle

    stochastic Oscolator: staying in the middle, not touch either 20 nor 80

    -----------------------------------------------------------------------------------
    -----------------------

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