The Stochastic Oscillator is a technical indicator that compares where a security’s market price closed relative to ist market price range over a given time period.
The Stochastic Oscillator is shown as two lines. The main line is called %K and the other line is called %D which is a Moving Average of %K. The %K line is normally shown as a solid line and the %D line is normally shown as a dotted line.
There are different ways to Interpret the Stochastic Oscillator indicator. There exist three popular techniques:
Here you can download the Stochastic Oscillator indicator: https://www.mql5.com/en/code/50
In the following video you can learn how to use a Stochastic Oscilator.