V.7:3 (86-86): Stochastic oscillator by Mike Takano

V.7:3 (86-86): Stochastic oscillator by Mike Takano
Item# \V07\C03\STOCHAS.PDF
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Product Description

Stochastic oscillator by Mike Takano

The stochastic oscillator is used to indicate overbought or oversold conditions on a scale of zero to 100%.

The stochastic process is based on the observation that as price decreases, the daily closes tend to accumulate nearer the extreme lows of the daily range.

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