Fast Stochastic
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The Fast Stochastic Indicator is a VertexFX indicator used for trend trading. It is based on fast stochastic and its Simple Moving Average. It comprises of two components, the main indicator (Blue) and signal indicator (Red).
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The Fast Stochastic Indicator is a VertexFX indicator used for trend trading. It is based on fast stochastic and its Simple Moving Average. It comprises of two components, the main indicator (Blue) and signal indicator (Red).
The main indicator is the K_PERIOD fast stochastic, and the signal indicator is its D_PERIOD simple moving average.
The concept behind this indicator is that fast stochastic responds quickly to price movements and trends, whereas its simple moving average lags it. So, this difference between the fast stochastic and its simple moving average is used as a trading signal.
BUY – Place Buy position when blue (main) line crosses above red (signal) line.
SELL – Place Sell position when blue (main) line crosses below red (signal) line.
Additional information
| Plugin-Type | Client VTL – Custom Indicator |
|---|---|
| Compatibility |