How to trade with an oscillator

murthyavr

Well-Known Member
Gambler,

Your stoch settings seem to be different from the recommended settings of
8,3,4.

With 8,3,4 settings, ICICI was not overbought for more than 5 bars today.
It was facing stiff resistance at yesterday's high, and around that time there
was a stoch sell signal (%D coming out of OB zone).

What followed was a downfall of 20 points!
 

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