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V.9:3 (103-103): Stochastics by Thom Hartle
V.9:3 (103-103): Stochastics by Thom Hartle
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Stochastics
by Thom Hartle
During the late 1950s, George C. Lane was actively involved with researching different types of oscillators to use as trading indicators. The name of each indicator was simply a letter from the alphabet, such as %A. The research took him through the alphabet twice before he decided to use two in particular, called the %K and %D. The stochastics oscillator was the result of this research. The term "stochastics" is actually a misnomer, as stochastics is a synonym for "random."
During the late 1950s, George C. Lane was actively involved with researching different types of oscillators to use as trading indicators. The name of each indicator was simply a letter from the alphabet, such as %A. The research took him through the alphabet twice before he decided to use two in particular, called the %K and %D. The stochastics oscillator was the result of this research. The term "stochastics" is actually a misnomer, as stochastics is a synonym for "random."
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