_______AW Stochastic EA_______
Automated advanced trading system. The EA trades on the signals of the classic Stochastic indicator. To exit positions, it uses an intelligent trailing system and averaging using pending orders.
✅ MT4 version
👉 https://www.mql5.com/en/market/product/87093
✅ MT5 version
https://www.mql5.com/en/market/product/87758
Advantages:
* Fully automated trading system
* Customizable oscillator signals for robot operation
* Intuitively easy setting of input variables
* Suitable for all types of instruments and any timeframes
* Built-in adjustable trailing system
Strategy:
The Stochastic indicator allows you to determine: using the overbought and oversold values, an excessively low or high price level and the possibility for a price reversal
The stochastic oscillator consists of two lines, on a scale from 0 to 100. Anything above the top line is overbought, anything below the bottom line is oversold.
Recommended values: 80/20 for conservative work, 70/30 for aggressive work
Oscillator lines: %K, displays the current closing price in relation to the selected price range
%D – the usual simple moving average calculated on the basis of the %K line, also adjusting the level of smoothing, the lower the value, the sharper the fluctuations
Market Entry:
The signal to enter a short position is the crossing of the overbought level (80%) by the %K line from top to bottom. Similarly, a signal to buy is the crossing of the oversold level (20%) by the K% line from the bottom up
Recommended values are from 10/3/3 to 21/14/14
Exit from a position:
After the adviser opens an order:
1 - If the position goes in a profitable direction, then the trailing stop is activated. The position will be closed using the smart trailing system
2 - If the position goes into a loss-making direction, then the averaging function is applied using pending orders
Automated advanced trading system. The EA trades on the signals of the classic Stochastic indicator. To exit positions, it uses an intelligent trailing system and averaging using pending orders.
✅ MT4 version
👉 https://www.mql5.com/en/market/product/87093
✅ MT5 version
https://www.mql5.com/en/market/product/87758
Advantages:
* Fully automated trading system
* Customizable oscillator signals for robot operation
* Intuitively easy setting of input variables
* Suitable for all types of instruments and any timeframes
* Built-in adjustable trailing system
Strategy:
The Stochastic indicator allows you to determine: using the overbought and oversold values, an excessively low or high price level and the possibility for a price reversal
The stochastic oscillator consists of two lines, on a scale from 0 to 100. Anything above the top line is overbought, anything below the bottom line is oversold.
Recommended values: 80/20 for conservative work, 70/30 for aggressive work
Oscillator lines: %K, displays the current closing price in relation to the selected price range
%D – the usual simple moving average calculated on the basis of the %K line, also adjusting the level of smoothing, the lower the value, the sharper the fluctuations
Market Entry:
The signal to enter a short position is the crossing of the overbought level (80%) by the %K line from top to bottom. Similarly, a signal to buy is the crossing of the oversold level (20%) by the K% line from the bottom up
Recommended values are from 10/3/3 to 21/14/14
Exit from a position:
After the adviser opens an order:
1 - If the position goes in a profitable direction, then the trailing stop is activated. The position will be closed using the smart trailing system
2 - If the position goes into a loss-making direction, then the averaging function is applied using pending orders
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