Using Stochastic Indicator In MetaStock

http://www.meta-formula.com

Developed by George C. Lane in the late 1950s, the Stochastic Oscillator is a momentum indicator that shows the location of the current close relative to the high/low range over a set number of periods. Closing levels that are consistently near the top of the range indicate accumulation (buying pressure) and those near the bottom of the range indicate distribution (selling pressure).

So how do you use the stochastic indicator within MetaStock? Watch this video to find out the basics and then if you'd like to find out more check out the MetaStock Programming Study Guide.

http://www.meta-formula.com/Metastock-Programming-Study-Guide.html

Category:

Education

Tags:

• stochastic indicator
• stochastic finance
• stochastic analysis

[daveme7]

I apologise-just watched a SOAD video and think if somehow could someone get Jimmy Swaggart to preach Stochastic Oscillators. Really, am not trying to be insulting anyone-I do love learning about investing-but when you got the gift-you have to use it.