Discover the power of the Stochastic Oscillator for momentum trading. Our Multiple Time Frame (MTF) Stochastic Indicator enhances this proven tool with a multi-time frame edge, eliminating the need to switch between charts. Maximize your trading efficiency and accuracy.

Developed by George C. Lane in the late 1950s, the stochastic oscillator is a momentum indicator that uses support and resistance levels. The term stochastic refers to the location of a current price in relation to its price range over a period of time.

Quotes from an interview with George Lane, the Stochastic Oscillator "doesn't follow price, it doesn't follow volume or anything like that. It follows the speed or the momentum of price. As a rule, the momentum changes direction before price." As such, bullish and bearish divergences in the Stochastic Oscillator can be used to foreshadow reversals. This was the first, and most important, signal that Lane identified. Lane also used this oscillator to identify bull and bear set-ups to anticipate a future reversal. Because the Stochastic Oscillator is range bound, is also useful for identifying overbought and oversold levels.

Our MTF Stochastic Indicator is the new improved Stochastic with the added MTF "edge". Eliminates the hassle of flipping between multiple different time charts.

Watch this video to see the MTF Stochastic in operation showing 7 different times frame in one subgraph.

This trading software product includes:

• MTF Stochastic Indicator
• 2 Workspaces pre-configured

If you like the Stochastic Indicator and want to add the Multiple Time Frame "Edge" into your trading then the MTF Stochastic Indicator is the right choice. Click "Add To Bag" now!