img

Installing indicator Stochastic on NetTradeX Platform

  1. By the command “Indicators” (From the context menu or with the help of the button situated on main mage) user can open dialogue window called “Indicators”, which consists of two parts; “Available Indicators” and “Set indicators”.

    First, left part of the window contains the list of indicators. Second, right part of the window contains the list of chosen indicators in a form of a “tree” stating the name of the financial tool on the top of hierarchical indicator list. User can easily find the “Stochastic” indicator and select it with one click.

  2. Clicking on “Set” Button (on the “Indicators” window), indicator dialogue settings opens name as “Stochastic Properties”. This consists of two types of tabs; “Data” and “View”.

  3. After indicator settings is set user must click on “OK” button to set the indicator on the chart window.

  4. Stochastic is an indicator introduced by George Lane to identify price trend direction and possible reversal points by determining the place of the current close price in the most recent price range, as in a sustainable uptrend close prices tend to the higher end of the range and to the lower end in a downtrend.

{T}learn_indicator_banner{/T}