The Stochastic indicator, developed by George Lane, is a momentum indicator that shows the location of the close relative to the high-low range over a set number of periods. The theory is that as prices rise, closes tend to occur nearer to the high end of their recent range. When prices trend higher and closes begin to sag within the range it signals internal market weakness.
EasySTO provides a comprehensive dashboard that allows you to view the Stochastic value of up to 37 currency pairs across 5 timeframes (M15, M30, H1, H4, D1) at one glance. This provides you with an understanding of the current oversold/overbought conditions of the forex market on the go.
Below are some of the key features of the app.
– Timely display of Stochastic values of up to 37 currency pairs across 5 timeframes,
– Allows configuration of oversold/overbought condition that best suit your personal trading strategy,
– Timely push notification alert when oversold or overbought condition is hit
– Display headline news of your favourite currency pair(s)
– Quick access to the Economic Calendar from Forex Factory which covers all important events and releases that affect the forex market.
Easy Indicators relies on your support to fund its development and server costs. If you like our apps and wish to support us, kindly consider subscribing to Easy STO Premium. This subscription removes all advertisements within the app, receive push alert based on your preferred overbought/oversold values and supports our development of future enhancements.
Easy STO is ad-supported. If you choose to purchase Easy STO Premium to remove ads, payment will be charged to your iTunes account, and your account will be charged for renewal 24 hours prior to the end of the current period. Auto-renewal may be turned off at any time by going to your settings in the iTunes Store after purchase. No cancellation of the current subscription is allowed during active subscription period. Current price for a yearly subscription is $12.99 USD (Basic) or $16.99 USD (Deluxe), and may vary from country to country.
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Please note that updates are not available during weekend.
Forex trading on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to trade forex, you should carefully consider your investment objectives, level of experience, and risk appetite. You must be aware of the risks of investing in forex and be willing to accept them in order to trade in these markets. Trading involves substantial risk of loss and is not suitable for all investors.
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