The Stochastic oscillator is a very versatile technical indicator that is easy to understand. However, traders should note that there are high risks when trading the ranging markets and simply using signals from the Stochastic oscillator is not good enough. To decide on your entry, you always need to consider the price action and upcoming events.
This strategy is based on the three most popular indicators - Stochastic, RSI and MA. These indicators, if used properly, do not only provide a high percentage of correct signals, but may be used as different market filters for each other.
Learn how to trade binary options by using the popular stochastic oscillator - it will help you find out when asset’s price is going to change direction.
Using the stochastic oscillator will help traders to get signals for call and put options buying on the forex and stocks markets.