The most famous indicators that are used by traders and analysts in the financial markets is called the stochastic oscillator, which is one of the indicators that reveals the crowd and works to compare the closing price on the chart with the price range with a specific period of time in the index settings. Faster and more accurate, but this indicator is rarely used alone, but it falls within an integrated strategy that will have an effective role within any trading strategy system.
Common use of the indicator as shown in the picture above. Usually it is when reaching higher levels such as level 80 or lower levels as level 20 and then we wait for the intersection to enter and this method is sometimes effective as the bottom level on the indicator becomes a resistance or support point on the price
It is also common to use 80-20 levels as a buy or sell saturation, but on the contrary, the correct use is to act as a further momentum in the same direction as shown in the picture above. Bottom levels appear before us, then the price has returned and broken in the same direction as it enters the strong momentum of prices, and we warned them about the index before a slight correction
Standard deviation or spacing is called divergence
In many advanced strategies, traders use the indicator to detect divergence in every way. It is a single strategy in this way that the trader finds the standard deviation called divergence is when a certain price diverges with the indicator as shown in the image above, we clarify more precisely when the price is going up while the indicator is going down, here the difference is and here the divergence reveals to us what the market holds for us without that We see that the information derived from the index can enable us to improve the conditions of entering the market or serve as an indication of confirmation in a more general and comprehensive strategy. You can review the types of divergence from the strategies section of the site
You can get the index with default settings 5,3,3 from MT4 platform
The most famous indicators that are used by traders and analysts in the financial markets is called the stochastic oscillator, which is one of the indicators that reveals the crowd and works to compare the closing price on the chart with the price range with a specific period of time in the index settings. Faster and more accurate, but this indicator is rarely used alone, but it falls within an integrated strategy that will have an effective role within any trading strategy system. 
