EA Stochastic - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources
Idea from : Sergey .
MQL5 code by : Vladimir Karputov .
The EA trades based on the stochastic indicator. Take Profit and Stop Loss levels can be disabled (set the value "0" in the properties). The position size can be set manually (the EA will trade with a permanent lot size) or the lot size can be calculated automatically (as a risk percentage for each trade).
Example of launching EA on EURUSD, M15:
Attachment download
📎ea_stochastic.mq5 (40.23 KB)
Source: MQL5 #20881
EA Stochastic - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
EA Stochastic - MetaTrader 5 Expert | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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