Andrew Lockwood is here to teach you his simple stochastic indicator forex strategy step-by-step. A stochastic oscillator is a technical indicator that measures the relationship between a forex pair’s closing price and the pair’s price range over a set period of time. When using the stochastic trading strategy, the lines of the stochastic indicator can give you accurate buy and sell signals. No matter how long you’ve been forex trading, this technical indicator is very powerful and every forex trader should consider it being part of their forex technical analysis.

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00:00 – Introduction
01:20 – Stochastic Indicator Explained
06:36 – Stochastic Strategy 1: Trend Reversal
09:23 – Stochastic Strategy 2: Ranging Market
12:20 – Stochastic Strategy 3: Enter Trend on Pullback
14:54 – Demonstration on MetaTrader 4
22:38 – Outro

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* The information provided in this video is intended for educational purposes only and is not to be construed as investment advice. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience and risk appetite. There is a possibility you could sustain losses of some, or all of your initial investment and therefore seek independent financial advice if you have any doubts.