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Old 03-09-2006, 06:23 PM
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Oracle is on a distinguished road
Question Simple Stoch. Trading Strategy

Hi All

Really Great Staff You Are Doing in Here

I am just started to trade Forex using a strategy that is looks nice and easy to follow for me. But I need your help in putting it in a simple Indicator inorder to be able to visualise the trades so i can make a back test for it.

The Indicator is to Show a red down arrow in the sell setups, and to show blue up arrow in the buy setups


The Strategy

Buy Setup when the Stoch on the 4 Hr's chart is under 20.
Sell Setup when the Stoch on the 4 Hr's chart in above 80.

I enter the trade with 40 pip s/l and 40 pip t/p.

But I do think if we have an indicator doing such job we can deg more and find what is a better s/l, t/p, and trade management tools.

So can Any One Help In This
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Old 03-10-2006, 03:17 AM
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Start here http://sufx.core.t3-ism.net/ExpertAd...der/index.html and that may give you some ideas that you can develop yourself.

Maji
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Old 03-10-2006, 07:04 AM
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Oracle,

We have some Stochastic EAs.

On this thread the people reviewed some Stochastic EA, fixed some bugs and produced the statements.

On this thread the person posted some EA.

Two Stochastic EAs. Not reviewed yet.

And you may find some idea similar with yours here.

The other EAs are here and here.

Last edited by newdigital; 03-10-2006 at 07:10 AM.
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