Market / MetaTrader 5 / Experts /

Master Stochastic

50 USD

Demo downloaded: 970

Published: 19 September 2017

Current version: 12.54

Master Stochastic

Experts
Genesis Hafalla
Version: 12.54
Updated: 11 September 2023
Activations: 20

How it works?

This EA trades with Stochastic signal and base line crossovers.
Only allows one open trade at a time on the currency you have attached this EA.
Opens a Buy position if the signal line crosses below base line below the value you set in BuyBelow parameter.
Opens a Sell position if the signal line crosses above base line above the value you set in SellAbove parameter.

This EA will work in any time frame and in any pair, Stochastic oscillator will base its data on the current time frame you have attached to the EA.

Closing of Trade is Take Profit, Stop Loss, Trailing Stopand Close on Reverse crossover.

Money Management is martingale. If you want to deactivate martingale, just put the value 1 in the martingale loss factor parameter.

Parameters

MagicNumber - return an identifying (magic) number of the currently selected order.
~~~~~Lot and Risk Management~~~~~
Lot Size - initial start lot of martingale to trade.
Martingale Loss Factor - multiplier value of lots if the last trade is a loss.
Maximum Lot size - if martingale is use and calculated lot size is more than the maximum lot size set, it will be adjusted to this input.
Martingale Restart Losses - value you set to restart lot size after consecutive losses.
SL pips - set a Stop Loss limit relative to the opening price.
TP pips - set a Take Profit limit relative to the opening price.
Close on Reverse crossover - Close open trade on reverse crossover.
Max Spread Pips - distance between Ask and Bid, at which you allow the EA to open a trade.
Max Slippage Pips - slippage, at which you allow the EA to execute an order.
~~~~~Use Trailing stop~~~~~ - if set to true trailing stop will be activated.
Trail Stop - The distance of where he stop loss will be set from the current price
Trail Step - The distance where stop loss is moved in steps of a small number of pips.
Trail Above Breakeven - if set to false trail will adjust below break even, if true will only trail when calculated stop loss is above breakeven.
~~~~~Stochastic Filter Settings~~~~~
Reverse Logic - if set to true, it will reverse the condition of opening and closing of order type.
%K - %K value.
%D - %D value.
Slowing - Slowing value.
Stoch Method - Moving Average method. It can be any of enumeration values.
Applied Price - Low/High or Close/Close.
Indicator Bar Value - The Option to choose between current Current Bar Value and Closed Bar Value when the crossover happen.
Buybelowlevel - level of base line on previous bar you only allow the EA to open a a buy position on a crossover between signal line and base line.
SellAbovelevel - level of base line on previous bar you only allow the EA to open a a Sell position on a crossover between signal line and base line.
~~~~~Time and Day Filter Settings~~~~~ - For Opening of Trades Only.
Daily Start Time - Starts to open a trade.
Daily Stop Time - Ends to stop opening a trade.
TradeSunday - allow the EA to trade on Sunday.
TradeMonday - allow the EA to trade on Monday.
TradeTuesday - allow the EA to trade on Tuesday.
TradeWednesday - allow the EA to trade on Wednesday.
TradeThursday - allow the EA to trade on Thursday.
TradeFriday - allow the EA to trade on Friday.
TradeSaturday - allow the EA to trade on Saturday.
~~~~~Other Settings~~~~~
Filling Mode - When sending an order, you can specify the filling policy for the volume set in the order. Change this input if your journal says unsupported Filling Mode

For more questions and suggestions, email me at geniebulltrader@gmail.com or private message me here at MQL5.

Thank you!

more...

Dalefern 2020.07.07 16:03 #

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This EA utility does not trade on its own, but it only modifies the open trades to add take profit and stop loss that was opened manually or by any other expert advisors. The distance is based on Average True Range Indicator(ATR). How Does It Work? If Symbol to modify is set to "All Symbol" simply attach it to one chart, and all open trades in the entire terminal will set the take profit and stop loss with the distance of Average True Range value of their corresponding symbol. If Symb

30 USD

This EA utility opens trade when price touches trend line on your chart. How to use in 2 steps? Attached this utility on your chart with your desired parameters and risk management settings set. Draw a line using " Horizontal line tool " or " Trend line tool " on your chart. Rules: You can draw a minimum of 1 line and a maximum of 2 lines in the chart. It will only trade once on a symbol when it touches the line. You need to have a fundamental knowledge about trend line trading. Parameters:

50 USD

This EA utility does not trade on its own, but it only modifies the open trades to add take profit and stop loss that was opened manually or by any other expert advisors. The distance is based on Pips . How Does It Work? If Symbol to modify is set to "All Symbol" simply attach it to one chart, and all open trades in the entire terminal will set the take profit and stop loss . If Symbol to modify is set to "Local Symbol" , it will only set the

30 USD

Stochastic Cross Arrow is an indicator that automatically places arrow when stochastic K and D line crosses each other on a certain level. Buffer Guide For Developers: Buffer 0 =Buy Arrow Buffer 1 =Sell Arrow Inputs: ---Stochastic Settings--- %K - %K value. %D - %D value. Slowing - Slowing value . Stochistic Method - Moving Average method. It can be any of enumeration values. Newbar - arrow only appear on new bar. Buy_Msgs - type info message when buy arrow appears. Sell Msgs - type inf

30 USD

50 USD

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Dalefern 2020.07.07 16:03 #

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Andrey Litvichenko 2017.10.17 06:38 #

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Version 12.54 2023.09.11

Code Improvement

Version 12.53 2023.07.08

Added Trade Comment

Version 12.52 2020.10.19

limits the print message frequency of
"Maximum spread exceeded" and
"Not enough margin to open a trade"
in expert tab to 1 for every trade request.
this is made to avoid excessive print messages.

Added Input:
Maximum Lot size -
if martingale is use and calculated lot size is more than the maximum lot size set, it will be adjusted to this input.

Version 12.5 2020.07.02

Added back Trail step: the steps on when a trail will move.
Added Trail Above Breakeven: if set to false trail will adjust below break even, if true it will only trail when calculated stop loss is above breakeven

Version 12.4 2020.07.01

Added Magic Number on inputs: return an identifying (magic) number of the currently selected order.

Change the logic of Trailing Stop, it now moves on every new highs and lows to its favor.

Fix bugs that are hindering open new trade on charts if a trade is already open on a different chart symbol.

Version 12.3 2019.01.30

Added:

Filling Mode - When sending an order, you can specify the filling policy for the volume set in the order.

Version 12.2 2019.01.26

Added,

stochastic settings for optimization, Stochastic Method and Applied Price.
Close on Reverse crossover.
Indicator Value, Current price value and close bar value.
Reverse Logic - if set to true, opening and closing of position will be reverse in order type.
Added settings for trailing stop.
Added comments for trade.
Fix bug on TP and Sl on hedging account.

Version 12.1 2017.12.06

-an optimized trailing stop is now part of the strategy.
-added parameters %K,%D and slowing, for customized stochastic settings
-Reduced the minimum distance of Take Profit and Stop Loss to 5 pips from the previous version of 10 Pips, this means if you set 4 pips as your stop loss it will automatically set to 5 pips. this is made to avoid errors cause by widening of spread in news that causes a request order inside the spread.