Forex encyclopedia

The Adaptive Stochastic Oscillator (ASO) was first introduced in December 1992 in STOCKS & COMMODITIES magazine. The article was called "Stochastic RSI And Dynamic Momentum Index" by Tushar Chande. He was an author of the article and creator of the indicator. ASO represents an attempt of optimization of stochastic oscillator, as well as the method to calculate the last close price ratio to maximum/ minimum for a definite period of time. The main difference is that calculation of ASO accounts for present volatility. The faster price moves, the less oscillator window becomes and its sensibility grows. This way adaptive stochastic oscillator unites advantages of both quick and slow stochastic indicator.
Popular article: Median Price
Median price is the technical analysis tool, which is pictured as the line laid between the highest and lowest price for a certain period of time. Median Price = (highi + lowi)/2 
New in Encyclopedia
Picture of the day
Standard fx trader's psychology, forex psychology, trader forex
Forex encyclopedia
Forex encyclopedia “Clever FX” is the unique service created by FreshForex to introduce world of Forex to traders. The main purpose is to share knowledge of experienced traders with novice traders in simple and convenient form. Every trader will be able to learn something new here. If you are a professional trader, we invite you to write an article for “Clever FX” and get reward. Let's write Forex history together!
Close
Log in
Your browser does not support cookie. If cookie is disabled in your Internet browser, you may have problems with accessing Client Area. How to enable cookie .