Future Trading Strategy on Delta Exchange India| Stochastic RSI Indicator | Delta Exchange India.
The Stochastic Oscillator is a momentum indicator used to identify overbought or oversold price conditions. In this indicator, the upper line is set at 80 and the lower line at 20. When a stock's price in the Stochastic Oscillator moves above 80, it is considered overbought or expensive, and it can also signal a trend change from an ongoing uptrend momentum to a downtrend momentum in the market.
We will learn to use this indicator through three methods:
1. The Overbought or Oversold Price Method
2. The Crossover Entry Method
3. The Divergence Entry Method.