Stochastic Oscillator

Stochastic Oscillator - A momentum indicator comparing a closing price to its recent high-low range. It has two lines (%K and %D) oscillating between 0 and 100. Readings above 80 typically mean overbought and below 20 mean oversold. Automated strategies often trade on %K/%D crossovers or level breaches (e.g. buy when %K rises above 20). In code, MQL offers iStochastic(), and cTrader Indicators.StochasticOscillator().