StochasticAndParabolicMT5

This Expert Advisor works on the signals of the Parabolic indicator, while analyzing the readings of other indicators, especially Stochastic. Sets pending orders, as a rule, they are triggered when a local trend reversal occurs. If the trading conditions become unsuitable, it can delete pending orders. It has many settings, the stop loss can also move along the parabolic with other parameters.

Recommended timeframes: M5, M15, M30, H1. Before trading, optimize the EA parameters for your account.

Input parameters

  • Lots - lot size;
  • Percent - percentage of free margin to open each new trade (works when Lots=0);
  • Slippage - slippage (maximum allowable price deviation in points);
  • Magic - a unique identifier (you need to make it different if several Expert Advisors are running in one terminal);
  • MaxSpread - maximum spread for opening a deal (for accounts with a floating spread, so that a deal is opened when the spread is not too big);
  • ParabolicStep - Parabolic indicator step;
  • ParabolicMaximum - the Maximum parameter of the Parabolic indicator;
  • TrailingStopValue - value of a simple trailing stop in points (if the value is 0, it is not used);
  • TrailingStopOnParabolic1 - enable or disable trailing stop on the main parabolic;
  • TrailingStopOnParabolic2 - enable or disable trailing stop on the second parabolic (its parameters are below);
  • ParabolicStepForTrailing - step of the second Parabolic indicator (used only for trailing);
  • ParabolicMaximumForTrailing - Maximum parameter of the second Parabolic indicator (for trailing);
  • StochasticPeriod - enable signal filtering by the Stochastic indicator (0 = disabled);
  • StrongStochFilter - trade only when the stochastic signal is strong (overbought or oversold);
  • StochasticSlowing - slowing down the Stochastic indicator;
  • StochasticLevels - levels of the Stochastic indicator;
  • MACDSlowForDiv - slow MACD period and dependence on the ADX indicator (0 - do not search for divergences);
  • MACDFast - period for the fast average of the MACD indicator for finding divergences;
  • CountBarsDiv - number of bars to find divergences (0 - do not search for divergences);
  • StiffnessDiv - divergence amplification factor;
  • RemoveStopOrders - enable/disable removal of pending orders when there are no divergences;
  • RemoveOrdersByStoch - enable removal of orders when the stochastic signal disappears;
  • PeriodMA - period of a simple moving average;
  • RemoveOrdersMA - delete orders based on the MA indicator;
  • LevelATR - minimum level of the ATR indicator;
  • ATRPeriod - ATR indicator period;
  • RemoveByAtr - remove pending orders at low volatility;
  • TradingStartHour - trading start hour;
  • TradingEndHour - trading end hour;
  • HourCloseOrders - hour for closing orders (from 0 to 23. More than 24 - do not close deals by time);
  • TradeEveryTick - trade every tick (for some brokers, it may be too frequent moving orders);
  • ShowInfo - show information.
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Barbaros Bulent Kortarla
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No Grid /No Martingale/ No Dca /No rocovery Smart Gold Impulse is now available in a special early launch phase. This is an EA I  am currently using with impressive results on my Live Signal  account. You can check the current performance through the Ultima live signal results, where Smart Gold Impulse has already shown very strong potential in real market conditions. The same set file used on my Ultima live signal account will be shared only with Smart Gold Impulse buyers. At the same time, thi
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Chen Jia Qi
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Experts
Gold House — Gold Swing Breakout Trading  One EA. Three Trading Modes. Choose the One That Fits Your Style. No Grid. No Martingale. The price will increase by $50 after every 10 purchases. Final planned price: $1,999. Live Signals:  Profit Priority Mode： https://www.mql5.com/en/signals/2359124 BE priority Mode :  https://www.mql5.com/en/signals/2372604 Adaptive Mode:   https://www.mql5.com/en/signals/2379287  (High-Risk Configuration Reference – Potential profits and losses are amplified. N
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Simon Reeves
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Experts
Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Come chat with us in our public MQL5 channel!  https://www.mql5.com/en/channels/starpoint Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and elevates it across the board: A brand-new sixth strategy — Conviction Momentum joins the squad, hunting de
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Adam Hrncir
4.88 (43)
Experts
Scalper speed with sniper entries. Built for Gold. Tired of all the fake EAs? Wave Rider  is honest, transparent EA without any fake AI or manipulated back-test that's being continuously developed $499  until Signal reaches 150% - then 599 USD Check the Live signal  or Manual  or  Broker performance Version 5.0 upgrade notice: Close all Wave Rider positions before updating. Strategy Magic Numbers and several input names changed. Review your settings and save a new preset because older sets or t
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Experts
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Some experienced trades can tell where the price will go even without indicators, as the direction of the price can be found using the ordinary candlesticks. The EA compares several nearest bars and their volumes, and opens a trade based on that data. Also, it is able to analyze the candles on two timeframes at the same time to make the entry more accurate and less risky. In addition, the EA can automatically determine the take profit and stop loss size depending on the size of the previous cand
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Some candles have a strong tendency to continue the movement or to revert it. With the help of the Colored candles indicator such movements are clearly visible. This indicator calculates the parameters of each candle, as well as its volume, and after that it paints the candles depending on its strength and direction. Bullish candles are colored green and bearish candles - red. The greater the power of the bulls or the bears, the brighter the color. You can change the colors if you want. The indi
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It is good to know the presence of a trend on multiple timeframes at once. And even better - on multiple currency pairs at once. This indicator allows to quickly determine the presence of a trend or a flat on 8 timeframes and from 1 to 15 currency pairs at once. Multi Alligator Signals analyzes the signals of the Alligator indicator by Bill Williams on every timeframe (from M1 to W1) and multiple currency pairs (up to 15) simultaneously. If there is a buy signal, a green upward arrow is drawn, i
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Alexander Nikolaev
Experts
The EA detects strong movements using the Parabolic indicator and opens a trade. The Commodity Channel Index (CCI) is used as an auxiliary indicator. The CCI levels may depend on the ADX indicator values, which allows for better trading with different volatility. Also, the trades are opened depending on the RSI indicator values on a certain timeframe. Recommended timeframes: M5, M15, M30. Make sure to optimize the parameters of the EA for your account before trading. Input Parameters Lots - lot
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