8# e-stochastic EA

Submit by Leroy 04/02/2012

FREE Expert Advisor e-Stochastic Conception:

e-StochFree MetaTrader4 expert advisor based on Stochastic Oscillator and Overbought/Oversold levels.

FREE Expert Advisor e-Stochastic Rules:

Buy when Stochastic Oscillator (main line) falls below Oversold level (e.g., 20) and then rises above that level.

Sell when the Stochastic Oscillator rises above Overbought level (e.g., 80) and then falls below that level.

FREE Expert Advisor e-Stochastic Parameters:

AccDigits = 5; //set 4 for 4-digit quotes; set 5 if your broker provides 5-digit quotes

Lots = 1.0; //lots volume

StopLoss = 100; //StopLoss value, pips (0 = no StopLoss)

TakeProfit = 100; //TakeProfit value, pips (0 = no TakeProfit)

Slippage = 3; //max. allowable slippage value, pips

Magic = 20091107; //some unique ID of the expert

--- Stochastic ---

Stoch.Kperiod = 5; //Stochastic %K line period

Stoch.Dperiod = 3; //Stochastic %D line period

Stoch.slowing = 3; //Stochastic slowing value

Stoch.method = MODE_SMA; //MA method: MODE_SMA, MODE_EMA, MODE_SMMA or MODE_LWMA

Stoch.price_field = 0; //price field parameter: 0 - Low/High or 1 - Close/Close

Stoch.SignalBar = 1; //0 - get Stochastic signal from open bar; 1 - get Stochastic signal from closed bar

Stoch.OverboughtLevel = 80.0; //Stochastic Overbought level

extern double Stoch.OversoldLevel = 20.0; //Stochastic Oversold level

--- Trailing ---

TrailingOn = true; //use trailing true/false

TrailingStart = 30; //trailing stoploss size, pips

TrailingSize = 30; //min. profit value to activate the trailing, pips

In the picture above e-stochastic EA in action.

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