The Stochastic Price Indicator is a popular and free Forex indicator for MT4 that can be used to identify potential trading opportunities. It is a useful tool for traders as it helps them to identify the price momentum of a currency pair. The indicator works by comparing the current closing price to the range of prices over a recent period of time. The Stochastic Price Indicator is a great tool for Forex traders as it helps to identify potential trading opportunities and can be used to make informed trading decisions.