Hi all,
I want to introduce my trading system written in my EA:
This EA is for EURUSD Period H4 and uses the normal stochastic oscillator (5,3,3) as you can find in MT4.
My EA start trading when the stochastic base line has a level between 20 and 80.
If base line is under signal line and there is a defined difference between them, then it’s short trend,
the opposite is base is over signal, then it’s a long trend.
i know that to trade with only one indicator is not the best idea, but it make many profit trades and a few losses.
Picture shows trading from 05/13 till 07/13 with lotautopilot. More details in the zip-file.
What do you think of the idea and the EA?
Explanations to the parameters:
minut = Set the minute, when EA should open an order;
orders = number of orders;
trailstop = TrailingStop in Points, when start is reached;
start = Profit in Points to activate TrailingStop;
stolos = this means StopLoss;
sign = checking a higher difference between stochastic-base and stochastic-signal before trading;
lots = set manual lotsize;
autolot = enable/disable lotautopilot;
minlot = the minimumlot in lotautopilot, for example when your broker has a defined minimum lotsize;
maxlot = same as minlot… only for maximum;
diff = this is the divider for lotautopilot;
StrategyTester.zip (77.3 KB)