Thread: Blessing 2 v5.2 with Stochastic Indicator
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Old 06-22-2009, 07:23 AM
sam_ye2001 sam_ye2001 is offline
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Quote:
Originally Posted by jepm View Post
Hello everyone,

This is the Work of Fifthelement I just added the Stochastic Indicator.

You can set the Indicator to False and it will Work like always.

I'm looking for a better entry level, when EMA and Stochastic both Agree then the EA starts the Trade.

The EMA looks for an UP or DOWN trend and the Stochastic decides if Short or Long on 80/20 levels.

I just started to try it on Demo so tell me what you think about your Demos.

Time-Frame is H1 tuned for the Indicator.

Cheers,

epmfx

Question, does it mean no Long trade will take place when it is above 80 (overbought territory) and no Short trade if it is below 20 (oversold territory)
and only place BUY or SELL when the stocashtic in between 80/20 ??
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