New traders typically want to know the difference between Fast Stochastics and Slow Stochastics. They also want to know whether the typical default settings of 5,5 (for Fast Stochastics) or 5,5,5 (for Slow Stochastics) as seen in most charting packages developed for FX are better or worse than the typical…

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Fast Stochastics or Slow Stochastics?

Have you ever been frustrated with RSI? How many times does it fail to reach those overbought and oversold areas? When it does, quite often price just continues. Well, there is another technique, not very exact but can be useful. It is possible to draw a trend line on RSI.

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Using a Moving Average with RSI: Another way to create a signal from RSI