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The main aim of this article is to focus on the dynamics and traveling wave solution of stochastic coupled Konno–Oono equation with multiplicative noise in the Stratonovich sense. First, the considered model is converted to the nonlinear ordinary differential equations by using traveling wave transformation. Secondly, two-dimensional phase portrait of the nonlinear ordinary differential equation and its periodic perturbation system are drawn by using Maple software. Finally, the traveling wave solutions of the investigated equation are obtained via the planar dynamic system method. Moreover, three-dimensional graphs of some obtained solutions are drawn.