The Stochastic oscillator (STOCH), developed by George Lane tracks market momentum . The Stochastic oscillator fluctuates between 0 and 100 readings. Value 70 is considered overbought while value 30 is considered oversold.
Use the Stochastic oscillator in conjunction with other analysis tools to build a complete forex trading strategy.
Suggested Further Readings
How To Use The Stochastic Oscillator (Stoch) in Forex
Trend Following Stochastic Forex Trading Strategy
Sign up to our forex newsletter delivered by email. No spam. More information.