Originally published at: Python Trading Strategy: Synergizing Stochastic Oscillator and MACD Indicator | EODHD APIs Academy
The trading arena is experiencing an influx of individuals striving to capitalize on the stock market. To stand out in this vast landscape and gain a competitive edge, innovation is key. Developing unconventional ideas that deviate from common practices is essential for success. For instance, although technical indicators like the Stochastic Oscillator have become widely adopted, achieving success demands creative utilization rather than adhering solely to traditional strategies. Today, we embark on a journey to do just that. In this article, we will utilize Python to create an innovative trading strategy by synergizing two potent indicators: the Stochastic Oscillator and the Moving Average Convergence/Divergence (MACD) indicator. This strategy will explore how to use the Stochastic Oscillator for intraday trading, focusing on the raw stochastic value, the stochastic K and…