What is stochastic process example?
Stochastic processes are widely used as mathematical models of systems and phenomena that appear to vary in a random manner. Examples include the growth of a bacterial population, an electrical current fluctuating due to thermal noise, or the movement of a gas molecule.
What is stochastic signal?
A stochastic oscillator is a popular technical indicator for generating overbought and oversold signals. It is a popular momentum indicator, first developed in the 1950s. Stochastic oscillators tend to vary around some mean price level since they rely on an asset's price history.