Thread: Stochastic EA
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Old 01-24-2009, 09:55 AM
sfindlay sfindlay is offline
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Stochastic EA

Hey Steve I suggest you do what I did, a google search on stochastic, there is a wealth of information out there on what it is and how people trade it, (including on this forum) and then load it onto one of your charts and study it for your own use. This EA uses the stochastic moving out of the 'overbought' or 'oversold' zone as a sell or buy trigger if it is moving in the same direction as the trend, with a moving average to determine the trend. If the personality changes you can try changing the values of the upper and lower limit, or put on a sliding stop loss.

For those who want to read the logic I created this EA on a template Expert Advisor Builder for MetaTrader 4 - thanks so much to the author of this EA builder. You can upload the mq4 version into this website to make changes or view the logic.

Thanks Leeb for your programming expertise! Appreciated. Attached is the same backtest graph with MM.

Now if someone can only figure out how to squeeze more pips out of some of the trades that close before the trend ends.
Attached Images
File Type: gif StochEA with MM.gif (9.0 KB, 4014 views)

Last edited by sfindlay; 01-24-2009 at 10:03 AM.
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