How Stochastics can get you more trades, and protect you from bad trades!

One of my personal favourite indicators. This versatile forex indicator can be used as a great way to confirm a trade, or even as a trigger for entering a trade. If you have ever traded on an account and things suddenly go against you, and you think the broker is trading against you… then you should’ve used Stochastic forex indicator!

By measuring the average volatility over recent history it can display quite easily whether or not the current market movements are expected or if they have deviated too far from the norm.