Stochastic indicator are the most important and the helpful for the Forex traders so if you can uses the stochastic properly then you can be get the perfect result from the trade and can be win the trade easily but you should be uses the others indicators properly and gaining the trade easily.

In technical analysis of securities trading, thestochastic oscillator is a momentumindicator that uses support and resistance levels. Dr. George Lane developed thisindicator in the late 1950s. The termstochastic refers to the point of a current price in relation to its price range over a period of time.