True. The terms stochastic and deterministic have the same meaning in quantitative analysis.
A momentum indicator called a stochastic oscillator compares a security's closing price to a range of its prices over a predetermined amount of time. By changing that time period or taking a rolling average of the outcome, the oscillator's susceptibility to market swings can be reduced. It uses a 0-100 limited range of numbers to provide overbought and oversold trading signals.
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