Stochastic Oscillator custom indicator “StocasticsOnPriceChart.MQ4” – A Version of The Stochastic Located Right in The Price Window.
The stochastic oscillator is a momentum indicator comparing the closing price of a security to the range of its prices over a certain period of time.
The sensitivity of the oscillator to market movements is reducible by adjusting that time period or by taking a moving average of the result.