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Stochastic EA OverBought and OverSold Trades

By   /   November 2, 2013  /   No Comments

Stochastic Trades on OverBought and OverSold Levels EA

Automated Stocahstic EA open buy and sell orders when Stochastic indicator reached overbought level or oversold level .

Platform : Metatrader 4 (MT4)

stochastic overbought oversold ea mt4 metatrader 4

Entry Rules :

Buy Trade : Stochastic indicator entered below oversold level and candle closes .

Sell Trade :Stochastic indicator entered above overbought level and candle closes .

Expert Adviser Settings :

stochastic ea mt4 settings

EnableTimeFilter : true=enable time filter , false=disable time filter .
Start_Hour : time filter start hour .
End_Hour : time filter end hour .
MaxTrades : max opened orders in the same time .
CloseInReverse : close order if signal reversed .
Lots : order lot number .
MoneyManagement : true=allow auto manage lot .
Risk : risk percent if allow manage lot .
Kperiod: K Period .
Dperiod: D Period .
slowing: slow Period .
Method: price method  // 0= simple , 1=exponential , 2=smoothed, 3=linear weighted .
OverBoughtLevel : overbought level to enter sell trade .
OverSoldLevel : oversold level to enter buy trade .
TakeProfit : take profit points .
StopLoss : stop loss points .
BreakEven : Break Even point .
BreakEvenPips : pips + open order price point .
TrailingStop : trailing stop point .
MagicNumber : Magic Number .

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