Exploring Stochastic Oscillator: A Guide to Utilizing Technical Analysis In the subsequent segment of our series on technical analysis and indicators, we will delve into another momentum oscillator known as the Stochastic Oscillator. This particular indicator gauges the velocity and momentum of an instrument’s price movement while identifying trends and their shifts. George Lane, the developer of the Stochastic Oscillator in the 1950s, proposed that the change in momentum or speed of an instrument’s price movement occurs before the price itself changes direction. Lane emphasized that the Stochastic Oscillator does not track the price directly, nor does it consider volume or other factors. Instead, it focuses solely on the speed…