lets have a voting competition if traders would use either STOCHASTICS OR MACD for live signals during trading ?
everyone who participates also has to provide a reason for their choice .
Moving Average Convergence Divergence (MACD) is a trend following momentum indicator that shows relationship between two moving averages.
Stochastic oscillator is a momentum indicator that uses support and resistance levels.
we use both as per required condition, check below link for more information about indicators
Many technical indicators are available to analyze the securities , Stochastic and MACD are most favorite among the technical traders but there interpretation is differs from trader to trader.
which one will you select for your personal trading & why ?
can you kindly give me your personal interpretation of the same ?