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Stochastic-Trailing-Expert

(10 reviews)

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.
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.
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
Money Management Lot Size, Stop Loss, Take Profit
Supported Pairs ALL
Outputs Automatic Buy/Sell
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