Double Stochastic Indicator
The Double Stochastic Indicator combines two Stochastic Oscillator readings to identify potential trading entries. A common approach is to look for signals when the shorter-term stochastic crosses above the longer-term stochastic, indicating a potential buy (entry) signal, particularly when both indicators are below 20 (oversold) or when they both cross below 80 (overbought) for a sell (exit) signal. It's often advisable to confirm these signals with additional factors such as price action, support and resistance levels, or other technical indicators to enhance the reliability of the entries.