How to use stochastic indicator

1- you need to take patience untill both lines cut each other

2- you can use it in any time frame

3- you must use only candlistic chart

4-if white lines crosses red line into down side and new candle shows selling candle then you can take a sell trade


5-if white line crosses red line into up side and new candle come with buy candle then market will go to up side and you can take buy order




6- before entered your trade you must also see that if you want to sell then both line must be at top means above 80 point and if you want to buy then must both lines cut each other under the 20 point of indicator.

7-if you are using higher time frame then you can take high target and if you are using lower time frame then your target not be more than 20 pip

8-stop loss will be at next support aur resistance point you can decide it according to past market movement

9- never use this indicator with low volatile currency pair.

10- you can exit trade when both lines blue and red goes flat
11- at time of news relaese you need to be out of market and wait untill market settles according to news then you can take trade never try to catch news



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