Stochastic oscillator (more commonly referred to as stochastic only) is one indicator that can also help you to find good momentum to determine entry points. This indicator was first developed by a doctor who is also a stock trader and technical analyst named George Lane in the 1950s.
Stochastic is also one indicator that is popular among traders because it is easy to understand and use. In addition, with a good method, this indicator can also generate profits with fairly good consistency. That is why this indicator is still popular today.
This indicator has two lines: the% K line and the% D line. For the sake of convenience to distinguish it, usually both are given different colors. The color commonly used is light blue for% K and red for% D. In addition,% D is also usually displayed as a dashed line. Of course you can change the colors according to your taste, the important thing is later you can tell which% K and% D.
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