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MetaStock Charting – Stochastic Oscillator
By David Jenyns and Stu McPhee The Stochastic Oscillator is another popular oscillator that is widely used. The premise behind its calculation is that when a security is rising, it tends to close near the high of a recent period and a falling security closes near its low. So, the Stochastic actually measures the price of a security relative to the... »
