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tag:The Stochastic indicator, developed by George Lane, is a momentum indicator that shows the location of the clo...
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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.
Settings used is 14, 3, 3. If you wish to customise the settings, kindly check out the Easy Alerts+ app.
Easy Alerts+ https://play.google.com/store/apps/details?id=com.easy.alerts
Key Features
☆ Timely display of Stochastic values of up to 37 currency pairs across 5 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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Easy Indicators relies on your support to fund its development and server costs. If you like our apps and wish to support us, kindly consider subscribing to Easy STO Premium. This subscription removes all advertisements within the app, receive push alert based on your preferred overbought/oversold values, display M5 timeframe (available only for Deluxe subscribers) and supports our development of future enhancements..
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*** IMPORTANT NOTE ***
Please note that updates are not available during weekend.
Disclaimer/Disclosure
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.
EasyIndicators has taken great measures to ensure the accuracy and timeliness of the information in the application, however, does not guarantee its accuracy and timeliness, and will not accept liability for any loss or damage, including without limitation to, any loss of profit, which may arise directly or indirectly from the use of or reliance on such information, inability to access the information, for any delay in or failure of the transmission or the receipt of any instruction or notifications sent through this application.
The Application Provider (EasyIndicators) reserves the rights to stop the service without any advance notification.
Last update
April 17, 2020