Experts: Exp_Stochastic_Histogram

[Automated-Trading]

Exp_Stochastic_Histogram:

A trading system based on the signals of the Stochastic_Histogram indicator. The signal is formed when a bar is closing. The Expert Advisor uses one of the two methods to determine the trend depending on the input value:

input TrendMode TMode=Cross;                      // Trend detection method

1. Upon the intersection of the signal and the main line of the indicator with the change of the signal cloud color;
2. When the color of the histogram changes from a neutral gray to pink or lime, i.e. when the RVI oscillator enters the overbought or oversold zone.

Fig. 1. Examples of trades on the chart

Author: Nikolay Kositsin

[robiul69]

Can you help me to make a strategy please
Strategy is,

SMA - 240 ; Stochastic ( %K periods- 30, %K Slowing- 20 & %D periods - 10 and MA type is Weighted )
Timeframes - for 1min and 2 min

Condition for BUY - i) Market's close Price is above 240 mv  ii) afterthat whenever Stochastic will cross for buy, it will trigger at closing price of that last candle.....Stop loss- 5 points, Take profit- 20 points, Trailing Stop will be at 10 points and Break even will be 5 points when profit will be 15 points.

Condition for SELL - i) Market's close Price is below 240 mv  ii) afterthat whenever Stochastic will cross for sell, it will trigger at closing price of that last candle.....Stop loss- 5 points, Take profit- 20 points, Trailing Stop will be at 10 points and Break even will be 5 points when profit will be 15 points.