Lessons › Indicators › Too many indicators: one per job
World 4 · Indicators · lesson 16 · level 4
Too many indicators: one per job
Three momentum tools saying the same thing are one opinion, not three.
What it is
Below 20, the fast stochastic line crossed above the slow one.
Your task in the app
The stochastic lines crossed. Buy, sell, or wait?
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 1,603 | 41% | 56% | 3% |
| United States | 1,591 | 43% | 54% | 3% |
| Japan | 937 | 45% | 53% | 3% |
| Crypto | 13,347 | 33% | 57% | 10% |
| Forex | 1,850 | 36% | 56% | 9% |
| Commodities | 577 | 37% | 53% | 10% |
Counted on real past charts by the Trading Class research engine, 19,905 cases in all. Past odds, not a forecast.
Read more on the Stochastic bullish cross pattern page.
Goal of this lesson: Build a small indicator set by choosing one tool for each job and removing repeats.