Description
This EA allows you to enter trades based on the Stochastic indicator. There are many different ways of entry, with most of them making use of the price either being overbought or oversold.
The basic version of this EA can be downloaded for free but will only work on demo accounts.
Basic
- Configure lot size
- Set SL and TP
- Trade on new bar
- Configure K and D line period
- Configure Smoothing
- Set overbought/oversold line
- Set Entry Strategy
$39.95 $29.95Add to cart
Pro (most popular)
- All features from Basic, plus:
- Enter on Stochastic and Signal Cross
- Enter on Cross in Zone
- Enter When Price in Zone
- Percentage position sizing
- ATR Trailing stops
- Fixed Distance Trailing stops
- Bar Trailing Stops
- Move to Break-even
- Dynamic stop loss and take profit (ATR-based)
- R:R ratio take profit
- Inverse trade direction
- Concurrent trades
- Spread filter
- Moving Average Filter
$49.95 $39.95Add to cart
Settings
The EA comes with a number of settings that make it easy to customize. You can change the Stochastic settings like K and D line period, the slowing, averaging method and the upper and lower levels. Here are the settings that are included with the Basic version of the EA (the Pro version has many more options):
| Name | Description |
|---|---|
| Lot size | The position size of the order in lots |
| Stop loss distance | Stop loss distance in pips |
| Take profit distance | Take profit distance in pips |
| K line period | K line period of the Stochastic indicator |
| D line period | D line period of the Stochastic indicator |
| Slowing | Slowing of the Stochastic indicator |
| Averaging method | The averaging method (Simple, Exponential, etc) |
| Stochastic shift | The shift of the Stochastic indicator |
| Upper Stochastic level | Upper (or overbought) level |
| Lower Stochastic level | Lower (or oversold) level |
| Entry Strategy | When to enter a trade, with options:
|
