In technical analysis, oscillators are known as momentum indicator. We should keep in our mind that momentum is an indispensable part of a trend. A trend is made up of direction and momentum. A direction might be linear whereas a …
Stochastic is basically a combination of statistics and mathematics. It is an oscillator that was developed by George lane. Stochastic is a momentum based indicator which identifies the location of the present closing price relative to its range over a set …