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When to Buy and Sell #4: Stochastics
Stochastics is an indicator which is used along with RSI. It consists of 2 lines a blue line and a red line. The red line is %D and the blue line %K. The setting for %K is 7 and %D is 10.
When the %K ( blue line ) crosses the %D ( red line ) a buy signal is given.
When the red line crosses the blue line a sell signal is given.
Open the attachment to understand better.
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