Stochastique RE is an indicator that applies a reverse engineering algorithm to the stochastic oscillator concept. Instead of converting price data into a stochastic value between 0 and 100, it projects stochastic levels (1% to 99%) back onto the price scale. This approach defines concrete market boundaries by identifying a price ceiling (99%) and a price floor (1%), representing the physical limits of price movement over a given period.
The indicator displays these boundaries directly on the price chart, allowing traders to see exact price levels where the market is considered overbought or oversold. Key features include customizable lines for the upper band (99%), lower band (1%), mid line (50%), and an orange signal %D line that dynamically indicates market direction between these boundaries.
By translating momentum into precise price targets, Stochastique RE helps traders localize fair price zones, map price ranges, and identify concrete price targets rather than abstract oscillator values. It supports various markets including Forex, stocks, commodities, indices, and cryptocurrencies, with symbol tags such as BTCUSD, EURUSD, GBPUSD, XAUUSD, NAS100, and USDJPY.