Stochastic-Trailing-Expert
15 $
10 $
This code is an Expert Advisor (EA) for MetaTrader 4 that uses the Stochastic indicator to detect buy and sell signals. Based on these signals, the EA opens buy or sell trades and also has the ability to set Stop Loss and Take Profit. The code includes features for Trailing Stop, automatic lot size calculation, and trade management for open positions.
Stochastic Expert Advisor, Automated Forex trading
This Expert Advisor (EA) is designed to trade on MetaTrader 4, utilizing the Stochastic indicator to generate buy and sell signals. It includes features like automatic lot size calculation, trailing stop management, and trade order handling (buy/sell, stop loss, and take profit).
Key Variables:
- TakeProfit: Specifies the target price to close a trade with profit.
- StopLoss: Defines the maximum acceptable loss for a trade.
- TrailingStop: Defines the conditions for adjusting the stop loss when the market moves favorably.
- MagicNumber: A unique identifier for orders opened by this Expert Advisor.
- LotsPercent: The percentage of free margin used to calculate the lot size for each trade.
Version | 1.00 |
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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 |
Money Management | Lot Size, Stop Loss, Take Profit |
Supported Pairs | ALL |
Outputs | Automatic Buy/Sell |