Compact mode
Fast Stochastic
Known for Rapid Momentum Shifts
Table of content
General Information
Indicator Type 📊
The category or classification of the trading indicator based on its primary function and analysis method.Asset Class 💰
Specifies the financial instruments for which the indicator is most commonly used- StocksThe asset classes Fast Stochastic is typically used for are Stocks. Indicators optimized for analyzing and predicting stock price movements in equity markets. Click to see all.
- ForexThe asset classes Fast Stochastic is typically used for are Forex. Indicators optimized for currency pair trading in the foreign exchange market. Click to see all.
- CommoditiesThe asset classes Fast Stochastic is typically used for are Commodities. Trading indicators optimized for commodity markets like oil, gold, and agricultural products. Click to see all.
Made In 🌍
The country or origin of the trading indicator- United StatesFast Stochastic was developed in United States. Indicators developed in the USA, reflecting American trading principles
Characteristics
Lagging or Leading 🏁
Indicates whether the trading indicator is a lagging or leading type, reflecting its predictive nature.Complexity Level 🧑
Indicates the level of expertise required to effectively use the indicatorPopularity 🏆
Indicates how widely used and recognized the indicator is in the trading community- HighThe popularity of Fast Stochastic among traders is considered High. Widely used and trusted indicators in the trading community
Facts
Interesting Fact 💡
An intriguing or lesser-known fact about the trading indicator- Often used in conjunction with Slow Stochastic for confirmation
Sarcastic Fact 😉
A humorous or ironic observation about the trading indicator- Nicknamed the "hare" in contrast to Slow Stochastic's "tortoise"
Application
Timeframe 🕑
The time intervals or periods for which the trading indicator is most effective or commonly used.- DailyFast Stochastic is most effective for Daily timeframes. Indicators optimized for daily chart analysis, suitable for swing and position traders.
- HourlyFast Stochastic is most effective for Hourly timeframes. Indicators tailored for hourly chart analysis, ideal for day traders and short-term strategies.
Technical Details
Calculation Method 🧮
The mathematical or analytical approach used to compute the trading indicator's values.Signal Generation 📊
Describes the methods by which the indicator produces trading signals- CrossoversFast Stochastic generates trading signals through Crossovers. Indicators that generate signals when one line crosses another, indicating trend changes
- DivergencesFast Stochastic generates trading signals through Divergences. Indicators that show discrepancies between price and indicator movements, suggesting potential reversals
Customization Options 🔧
Lists the parameters that can be adjusted to fine-tune the indicator
Usage
For whom 👥
The target audience or user group for the trading indicatorPurpose 📈
The primary purpose or application of the trading indicator- Quick Entry/Exit SignalsFast Stochastic is primarily used for Quick Entry/Exit Signals.
Evaluation
Performance Metrics
Reliability Score 💯
A score indicating the overall reliability of the trading indicatorEase of Use Score 💻
A score representing how user-friendly and intuitive the trading indicator isVersatility Score 🔀
A score indicating the adaptability of the trading indicator across different markets and timeframesCustomization Score 🔧
A score representing the degree of customization available for the trading indicator- 6.5The customization score for Fast Stochastic is 6.5 out of 10.
Score ⭐
The overall score of the trading indicator based on various performance metrics
Alternatives to Fast Stochastic
Awesome Oscillator (AO)
Known for Simplicity And Effectiveness
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is easier to use than Fast Stochastic
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is rated higher overall than Fast Stochastic
Aroon Up And Down
Known for Identifying Potential Trend Changes
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is easier to use than Fast Stochastic
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Triple Exponential Average (TRIX)
Known for Filtering Out Market Noise
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is more versatile than Fast Stochastic
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is more customizable than Fast Stochastic
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is rated higher overall than Fast Stochastic
Elder-Ray Index
Known for Combining Trend And Momentum
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is more customizable than Fast Stochastic
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is rated higher overall than Fast Stochastic
Elder Triple Screen
Known for Trend-Momentum Alignment
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is more reliable than Fast Stochastic
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is more versatile than Fast Stochastic
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is more customizable than Fast Stochastic
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is rated higher overall than Fast Stochastic
Relative Vigor Index (RVI)
Known for Trend Confirmation
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is more customizable than Fast Stochastic
Moving Average Convergence Divergence (MACD)
Known for Trend Strength And Direction
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is easier to use than Fast Stochastic
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is more versatile than Fast Stochastic
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is more customizable than Fast Stochastic
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is rated higher overall than Fast Stochastic
Slow Stochastic
Known for Momentum Measurement
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is more reliable than Fast Stochastic
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is easier to use than Fast Stochastic
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is rated higher overall than Fast Stochastic
Volume Weighted Moving Average (VWMA)
Known for Incorporating Volume Into Moving Averages
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is easier to use than Fast Stochastic
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is rated higher overall than Fast Stochastic
Relative Strength Index (RSI)
Known for Momentum Measurement
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is more reliable than Fast Stochastic
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is easier to use than Fast Stochastic
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is more versatile than Fast Stochastic
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is rated higher overall than Fast Stochastic