Discussing the article: "MQL5 Wizard Techniques you should know (Part 84): Using Patterns of Stochastic Oscillator and the FrAMA - Conclusion"
Hello Stephen,
A very interesting article, especially Pattern 0.
I downloaded your code from the prior article, compiled and ran it on four Major USD currencies, EUR, GBP, CAD, JPY for the H4 timeframe and for the period 1/1/25 - 10/1/25 and ALL produced a loss.
First of all, do I have to retrain it for the specific currency, and secondly, how do I specify using only one or several of the patterns? Also, can this ea be used to incorporate several of your excellent articles?
Thanks,
CapeCoddah
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Check out the new article: MQL5 Wizard Techniques you should know (Part 84): Using Patterns of Stochastic Oscillator and the FrAMA - Conclusion.
The Stochastic Oscillator and the Fractal Adaptive Moving Average are an indicator pairing that could be used for their ability to compliment each other within an MQL5 Expert Advisor. We introduced this pairing in the last article, and now look to wrap up by considering its 5 last signal patterns. In exploring this, as always, we use the MQL5 wizard to build and test out their potential.
From the last article, we examined the first 5 signal patterns of the Indicator pairing Stochastic-Oscillator and Fractal Adapting Moving Average. From our small test window, all appeared to have profitable forward walks, with training done over a year and the validation performed over the subsequent year.
We performed these tests while being mindful of the patterns’ suitable market types, whilst also using ‘appropriate’ assets for each market type. The market archetypes we considered were trending/mean-reverting, auto-correlated/decoupled, and highly-volatile/low-volatility markets. Within these types we tried to attribute particular asset types that are better exploited by these patterns, and based on the forward results, our selection could have been appropriate.
We therefore maintain the same asset-type/market-archetype pairing of the last article as we consider the remaining 5 signal patterns of this indicator pairing.
Author: Stephen Njuki