“Stochastics is a momentum oscillator,” “It doesn’t follow price, it doesn’t follow volume or anything like that. It follows the speed or the momentum of price. As a rule, the momentum changes direction before price.” He made a comparison to a rocket speeding away from the Earth. Before the rocket can turn and head back to the ground again, it must first start to slow down. “The slowdown of momentum happens before the change of direction,” continued Lane. “It’s a leading indicator to the change in direction. That’s what Stochastics does. It predicts the direction of movement.