Exp_Slow-Stoch - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources

This trading system uses a slow oscillator.

Trading decisions are made when the Stochastic indicator changes direction, breaks above the 50 level or when the color of the signal line cloud changes.

The following input parameters are used to select input algorithm options:

 Enter AlgMode mode=twist; // Entry algorithm

For correct operation of the EA, please place the compiled indicator file Slow-Stoch.ex5 into terminal_data_folder\MQL5\Indicators.

Please note that the TradeAlgorithms.mqh library file allows trading Expert Advisors with non-zero spreads and the option to set Stop Loss and Take Profit along with opening positions with brokers that offer the following services. Other variants of this library can be downloaded from https://www.mql5.com/en/code/1578 .

The input parameters of the default Expert Advisor were used in the test shown below. Stop Loss and Take Profit were not used during testing.

Figure 1 Example of trading history on the chart

2013 EURUSD H4 test results:

Figure 2. Test result chart

Attachment download

📎 exp_slow-stoch.mq5 (9.01 KB)

📎 smoothalgorithms.mqh (134.03 KB)

📎 tradealgorithms.mqh (60.89 KB)

📎 slow-stoch.mq5 (7.49 KB)

Source: MQL5 #2183