Stochastic Indicator Video Tutorial

Great free video tutorial explaining how to use stochastic indicator to determine entry and exit strategies for traders. Plus, while stochastics can be used to determine overbought and oversold, traders looking to capture large trends can change stochastic indicator settings to optimize it for trend trading.Settings used for the slow stochastic is 14,3,3. Slow stochastics are less sensitive and thus more optimal for trading stocks,bonds,options,futures,forex, and etfs.

Comments

1. This is a more stressful and slow way to climb up to that desired profit one desires
2. the overall TREND perspective becomes more clear when modifying the STOCHASTIC indicator.. THANKS!
3. Very easy to understand.
4. Thank your for the comment david. The chart illustrates a daily price chart. So each bar is equal to one day's trading. Thats a chart from td ameritrade's trading program and they let you look at various slices of time. So its not always a look back at 1 years worth of daily bars etc. I haven't used scottrades program but some platforms or charting packages may simply view a certain length of time and then each bar is either represents a day, week, or month.
5. Thanks for the info, what time interval are you looking at here, in Scottrade it lets me select daily, weekly, monthly and the graph changes even though i am looking at a 1 year time period. any suggestions?
6. Thanks for the great tutorial. This is a great indicator and very well explained. Looking forward to more of your videos!
7. thx sooo much for posting this. I always thought it made you sell too early but your interpretation makes sense..thank you
8. very easy to understand and follow. Interesting take also on a classic indicator.