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SmartMind1
Stochastic is a momentum indicator in trading, used to determine whether a price is overbought or oversold. It comes in two main variants:
1. Fast Stochastic
It consists of two lines:
%K line: Shows where the closing price is relative to the trading range of the recent periods.
%D line: A moving average of the %K line (typically 3 periods).
Characteristics:
Very responsive to price changes.
Generates numerous trading signals, but also more false signals.
2. Slow Stochastic
Also consists of two lines:
Slow %K line: Corresponds to the %D line of the Fast Stochastic.
Slow %D line: A moving average of the slow %K line (usually 3 periods).
Characteristics:
Produces fewer signals, but more precise and reliable.
Reduces false signals, making it preferable for identifying overbought or oversold conditions.
Practical Usage:
Values above 80 indicate overbought conditions (prices may soon fall).
Values below 20 indicate oversold conditions (prices may soon rise).
Traders generally prefer the Slow Stochastic for its greater reliability.
1. Fast Stochastic
It consists of two lines:
%K line: Shows where the closing price is relative to the trading range of the recent periods.
%D line: A moving average of the %K line (typically 3 periods).
Characteristics:
Very responsive to price changes.
Generates numerous trading signals, but also more false signals.
2. Slow Stochastic
Also consists of two lines:
Slow %K line: Corresponds to the %D line of the Fast Stochastic.
Slow %D line: A moving average of the slow %K line (usually 3 periods).
Characteristics:
Produces fewer signals, but more precise and reliable.
Reduces false signals, making it preferable for identifying overbought or oversold conditions.
Practical Usage:
Values above 80 indicate overbought conditions (prices may soon fall).
Values below 20 indicate oversold conditions (prices may soon rise).
Traders generally prefer the Slow Stochastic for its greater reliability.
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受保护脚本
此脚本以闭源形式发布。 但是，您可以自由使用它，没有任何限制 — 在此处了解更多信息。
免责声明
这些信息和出版物并不意味着也不构成TradingView提供或认可的金融、投资、交易或其它类型的建议或背书。请在使用条款阅读更多信息。