3 Types of Silver Stochastic Indicators

Fast, Slow and Full Stochastic

There are three types of Silver Stochastic Oscillator Silver Indicators: fast, slow and full stochastic oscillator indicator.

All the 3 versions of this stochastic oscillator silver indicator look at a given period for example the 10-day period, and measure how today's xagusd trading price close compares to the high and low range of the time period that is being considered in the silver trading calculation of stochastic oscillator.

Stochastic oscillator silver technical indicator works based on the principle that:

• During an upward silver trend, xagusd price action tends to close at the high of the candle.
• During a downward silver trend, xagusd price action tends to close at the low of the candlestick.

Stochastic Oscillator indicator shows the strength of the Silver trends, and identifies times when a silver trading is over-sold or overbought.

Fast Stochastic Oscillator Technical Indicator

Fast Stochastic Oscillator Indicator - fast stochastic oscillator silver indicator plots two lines, one solid & one dotted on the indicator section. These two lines are called the %K line and %D line. In this versions the %K & %D lines are calculated differently from the other versions, so as to add extra smoothing.

One disadvantage of using this fast stochastic silver indicator version is that the %K and %D lines are too sensitive and they often give silver trading whipsaws when they get to the overbought and oversold levels. The fast stochastic lines are prone to fake silver signals/whipsaws.

Slow Stochastic Oscillator Technical Indicator

Slow Stochastic Oscillator XAGUSD Indicator - slow stochastic oscillator silver indicator smoothes out the xagusd trading price data used for the original calculation and it is used by many Silver traders. This slow stochastic silver indicator version is less prone to whipsaws compared to the fast stochastic version.

For the slow stochastic silver indicator. A 3 period moving average is used to smooth out the stochastic lines. The moving average is not that of the xagusd price action but of the stochastic oscillator indicator lines data.

Full Stochastic Oscillator Technical Indicator

Full Stochastic Oscillator Indicator - this stochastic oscillator does not use a fixed moving average period, like the slow silver trading stochastic oscillator version above. Silver traders don’t want to use a fixed setting to calculate the stochastic xagusd technical technical indicator.

Because of this reason the full stochastic was developed by silver traders and it is more flexible than the earlier two silver stochastics oscillator versions.

Full stochastic oscillator silver indicator version allows xagusd traders to choose the period they want for the fast and slow silver trading stochastic indicator line.