By definition, the stochastic computation is to plot based on where the price bars are closing in their range. This is based on the theory that bars will tend to close in the upper part of their range in an uptrend and in the lower part of their range in a downtrend. As a result, stochastic tools can only truly vary by the way they smooth data and the way they display. The SmartStochastic tool is superior in both these ways. Watch the video below for more information and for trading ideas using this tool. Also look in the related products section below for other products that can combined with this great tool to create a comprehensive strategy. As always, as if you need assistance we are here to help.
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