The Stochastic indicator, developed by George Lane, is a momentum indicator that shows the location of the close relative to the high-low range over a set number of periods. The theory is that as prices rise, closes tend to occur nearer to the high end of their recent range. When prices trend higher and closes begin to sag within the range it signals internal market weakness.
EasySTO provides a comprehensive dashboard that allows you to view the Stochastic value of multiple instruments across 6 timeframes (M5, M15, M30, H1, H4, D1) at one glance. This provides you with an understanding of the current oversold/overbought conditions of the forex market on the go.
☆ Timely display of Stochastic values of over 60 instruments across 6 timeframes,
☆ Allows configuration of oversold/overbought condition that best suit your personal trading strategy,
☆ Timely push notification alert when oversold or overbought condition is hit
☆ Display headline news of your favourite currency pair(s)
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Forex trading on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade forex, you should carefully consider your investment objectives, level of experience, and risk appetite. You must be aware of the risks of investing in forex and be willing to accept them in order to trade in these markets. Trading involves substantial risk of loss and is not suitable for all investors.
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In Easy STO (14 ,3, 3) - Momentum Oscillator 2.1.5- Added calendar view to display upcoming events