Real author:
mladen
A stochastic oscillator located directly on the chart. In addition to the stochastic oscillator, a classical MA is applied on the chart, based on which the stochastic oscillator an overbought/oversold levels are calculated.
This indicator was first implemented in MQL4 and published in Code Base at mql4.com on 30.04.2008.
Figure 1. The OnChart_Stochastic indicator