Part 20 - The fast stochastic
I use this if I have diversity on my MACD but not on my SM. You can often get double bottom and tops on price, which will show up in the MACD but not on the SM due to its smoothing effect.
In this particular event we go to the fast stochastic to help us with the exact entry time. This is particularly helpful when taking a signal that is directly off of the low of the day (LOD) or the high of the day (HOD).
Below is the 4 stage set up of how I use it.
In this particular event we go to the fast stochastic to help us with the exact entry time. This is particularly helpful when taking a signal that is directly off of the low of the day (LOD) or the high of the day (HOD).
Below is the 4 stage set up of how I use it.

1 Comments:
Thanks for writing this.
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