Atr-And-Stochastic
17 $
12 $
The Atr-Stochastic EA is designed for automated trading using ATR and Stochastic indicators, combined with a trailing stop mechanism for risk management. It adapts to different trading instruments by adjusting parameters like stop loss, trailing stop, and ATR period. The EA checks the market conditions on every tick and only opens a trade if the conditions for either a buy or a sell are met.
AtrStochastic Trail Trading Expert Advisor, Day trading Forex
Version: 1.00
Key Features
- Take Profit: Configurable (default: 0).
- Lots: Configurable (default: 0.1).
- Stop Loss: Configurable (default: 300).
- Trailing Stop:
- Start: 45 pips (customizable based on symbol).
- Step: 40 pips (customizable based on symbol).
- Magic Number: Dynamically generated to ensure unique trade identification.
- ATR and Stochastic Indicators: Used to determine buy and sell conditions.
Core Functionalities
- Dynamic Trailing Stop Loss: Adjusts stop loss to protect profits based on market movement.
- Order Management: Handles open positions and ensures only trades with the correct magic number are managed.
- Buy/Sell Signal Evaluation: Utilizes ATR and Stochastic indicators for entry signals.
- Customizable Parameters: Take profit, stop loss, lot size, and trailing stop values are adjustable.
- New Bar Detection: Ensures actions are taken only on new bars.
- Momentum Score Calculation: Evaluates market momentum for trade confirmations.
Order Management Features
- Buy Orders: Opens buy positions based on market conditions.
- Sell Orders: Opens sell positions based on market conditions.
- Close Buy: Closes all buy positions when required.
- Close Sell: Closes all sell positions when required.
| Version | 1.00 |
|---|---|
| Type | Expert Advisor |
| Compatibility | MT4 |
| Trading Hours | All Times |
| Custom Inputs | Lots, Trailing, Stop Loss, Take Profit, ECN |
| Timeframes | M5 and M15 |
| Strategy Type | Scalping,Trend Following |
| Supported Pairs | ALL |
| Risk Management | Auto stop at high loss, Trailing Stop |
| Outputs | Automatic Buy/Sell |
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