Bollinger Stochastic Divergence System part 1

Categories: Bollinger Stochastic Divergence System

I have been using this system for Daytrading, it is quite reliable, a bit complicated for beginners who is new to forex.
Let’s get straight into business, what is Stochastic?
The Stochastic indicator is a momentum indicator developed by George Lane. It is designed to indicate when the market is “overbought” or “oversold.” Lane’s premise is that […]

I have been using this system for Daytrading, it is quite reliable, a bit complicated for beginners who is new to forex. Let's get straight into business, what is Stochastic? The Stochastic indicator is a momentum indicator developed by George Lane. It is designed to indicate when the market is “overbought” or “oversold.” Lane’s premise is that when a price increases, the closing prices tend to move toward the daily highs and, conversely, when a market’s price decreases, the closing prices move toward the ... Read More