The Expert Advisor opens orders using Stochastic Oscillator. All parameters can be customized and optimized.
The EA features three strategies for working with the oscillator:
- Open deals when the main indicator reaches oversold/overbought levels.
- Open deals when the main line forms a reversal pattern within oversold/overbought areas.
- Open deals when the main and signal lines intersect within oversold/overbought areas.
The number of buy and sell orders opened simultaneously is set separately. This allows you to use the EA only in the direction of a trend.
The robot also features money management, trailing stop (both conventional and hidden), and notifications. The EA automatically detects four- and five-digit quotes.
Parameters
Money management – money management parameters
- UseMoneyManagement – FixedLot – use fixed lot, AccountBalancePercent – lot in % of the account balance, AccountEquityPercent – lot in % of the account equity, AccountFreeMarginPercent – lot in % of the account’s free margin level
- Lot – lot size when selecting FixedLot
- Percent – lot calculation percentage
- MaxBuyOrders – maximum amount of buy orders opened simultaneously
- MaxSellOrders – maximum amount of sell orders opened simultaneously
Takeprofit settings
- TakeProfit – take profit in points
- StopLoss – stop loss in points
Trailing settings – trailing stop parameters
- Trailing_Start – trailing start
- Trailing_Distance – distance between a stop loss and the current price
- Trailing_Step – trailing step
- Trailing_Hidden – use a hidden stop loss
Stochastic settings – Stochastic settings
- Strategy – select a strategy to work with Stochastic
- Stochastic_K_Period – K period
- Stochastic_D_Period – D period
- Stochastic_Slowing – slowing period
- Stochastic_Overbought – Stochastic overbought level
- Stochastic_Oversold – Stochastic oversold level
- Stochastic_MA_method – averaging method
Moving average filter
- Use_MA_Filter – enable filter
- MA_Period – moving average period
- MA_AppPrice – moving average applied price
- MA_Method – moving average method
Notification_settings – notification settings
- SendAlert – enable alert
- SendEMail – enable e-mail notifications
- SendPushNotification – enable push notifications
Other settings – other settings
- MagicNumber – orders’ magic number
- Slippage – slippage
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