Kese Permission Stochastic smoothed
The Kese Permission Stochastic smoothed indicator is used to Know the movements of the price actions. The traders use this indicator to know the price movements and also to know that how much slow or fast and in which direction these price movements are moving. This indicator tell the trend strength and the strong ness of the the price movements.
The Kese Permission Stochastic smoothed indicator also plyas a role of analyzer that it analyzes the different price actions in a different time frames.
Working of the Kese Permission Stochastic smoothed
This indicator uses minimum five and maximum fourteen price periods. This indicator uses the result of the high and low periods and then match and compare this result with the closing price of the indicator. This is a forex trading strategy and can be used with any forex currency pair.
Does the Kese Permission Stochastic smoothed indicator displays the oversold and overbought values?. This indicator does not display the any oversold and overbought values because it only tells about the trend strength and the speed of the price movements. There is a big confusion behind this concept because some traders thinks that the eighty value tells the overbought and 30 tell the oversold conditions.
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