Expert Advisors and Indicators for MetaTrader 5

Here you will find many programs for the MetaTrader 5 trading platform, which save the trader from routine operations and help him concentrate only on the really important things

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MetaTrader 5

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MetaTrader 5
Tatiana Savkevych


Professional processing of the classic indicator. The bot implements the classic trading strategy based on the Stochastic indicator. The signal from the stochastic exit from the overbought / oversold zones, the levels of these zones will be the levels with the LevelMax and LevelMin values. We buy when the oscillator (PeriodK or PeriodD) first drops below a certain level (LevelMin) and then rises above it. Sell ​​when the oscillator first rises above a certain level (LevelMax), and then drops below it. The signal can also be inverted.

The EA handles errors correctly and works reliably with capital from $ 100. But 1000 $ is preferable. Direction of work d both sides. The Expert Advisor uses basic concepts: trailing stop, stop loss and take profit, as well as closing on the opposite signal. Setting for optimization in discussion. It can be optimized for any timeframe and symbol.

Parameter overview:
  • Magic - Magic number, arbitrary integer.
  • BaseTF - The period over which the Expert Advisor works.
  • Risk - The risk that we enter into the market is set as a percentage of losses from the total deposit, the lot is determined relative to the stop loss and acceptable losses when the stop loss is reached.
  • LimitMaxLot - Lot limit.
  • StopLoss - Stop Loss.
  • TakeProfit - TakeProfit.
  • Trailing Start - Trawl start level, 0 - off.
  • LevelMin - For analyzing the Stochastic indicator.
  • LevelMax - For analyzing the Stochastic indicator.
  • PeriodK - Setting of the Stochastic indicator.
  • PeriodD - Setting of the Stochastic indicator.
  • Slowing - Setting of the Stochastic indicator.
  • MethodMA - Setting of the Stochastic indicator.
  • PriceSTO - Setting of the Stochastic indicator.

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RISK WARNING: is a software reseller, we do not offer investment advice or execute trades. The software we provide is a tool where the settings are input by the end user to design their own trading strategy. Trading forex and CFDs carry a high degree of risk to your capital and it is possible to lose your entire deposit. Only speculate with money you can afford to lose. As with any trading, you should not engage in it unless you understand the nature of the transaction you are entering, and the true extent of your exposure to the risk of loss. These products may not be suitable for all investors, therefore if you do not fully understand the risks involved, please seek independent advice.