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stochastic oscillator for financial analysis
user
while trading in stochastic i've understood, one needs reference (sma/ema/bolinger band and even rsi) to verify trade prior entering it. stochastic is nothing to do with price or volume it is about speed. adjusting k% has ability to turn you from day trader to -> swing trader to -> long term investor. so you adjust your k% according to chart time-frame. stochastic setup for 1 min, 5 min ,15, 30, 60 min, daily, weekly, monthly, quarterly, half yearly and yearly are all different. if you try hopping from one time-frame to another just because it is below oversold or above overbought region with same k%, you may get confused. worst you may not square-off your loss making trade. and rather not use excel; charts gives better visual for oscillators.
assistant