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Stochastics MT4

Stochastics is designed for short-term automated Forex trading. It is optimized for trading EURUSD on the H1 timeframe. It is based on two Stochastic Oscillator indicators.


The Expert Advisor Operation Principle

Opening (buy or sell entry signal).

  1. Buy and sell positions are opened when the direction of the Stochastic signal changes.
  2. Opened positions are closed when reaching 100 points (default) from the last entry price by Take Profit.

Trading volume.

  • Positions are opened with a volume starting from 0.01 lot.


Expert Parameters

  • Magic Number = 4779 - magic number.
  • Amount for a new position [lot] = 0.01 - volume for new buy positions (lot).
  • Stop Loss [pips] = 100 - stop loss in points.
  • Take Profit [pips] = 10 - take profit in points.
  • Indicator parameters = "Stochastics_1"
  • %K period - period of the fast line.
  • %D period - period of the slow averaged line.
  • Slowing period - slowing.
  • Indicator parameters = "Stochastics_2"
  • %K period - period of the fast line.
  • %D period - period of the slow averaged line.
  • Slow period - slowing.
  • Amount for a new position [lot] = 0.01 - volume for new sell positions (lot).
  • Stop Loss [pips] = 100 - stop loss in points.
  • Take Profit [pips] = 10 - take profit in points.
  • Shift = 0 - signal shift.


Recommendations

  1. It is recommended to evaluate the performance of the EA on a demo account, using EURUSD H1.
  2. Deposit - $100 or more per 0.01 lot.
  3. Calculate the deposit based on the tests so that it can withstand a drawdown.
No reviews
Version 1.2 2018.09.05
Добавлена возможность торговли Money Management (Мани Менеджмент), по умолчанию (true) выключено.
Version 1.1 2018.08.19
1. Внесены изменения в настройках.
2. Добавлена возможность торговли в определенное время.

GLOBAL PARAMETERS
Stop Loss (pips) - стоп-лосс в пипсах.
Take Profit (pips) - тейк-профит в пипсах.
Start Hour - Начало торговли.
End Hour - Завершение торговли.

Tаймфрейм M5, M15, M30, H1