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MetaTrader 5 Expert Advisor | Billy expert

Author of the idea: Boris, author of the mq5 code: barabashkakvn.

The main idea of ​​the trading strategy is as follows: when there are three down bars on the current timeframe:

MetaTrader Experts, Indicators, Scripts and Libraries

and the main Stochastic line is above the signal line on the other two timeframes:

MetaTrader Experts, Indicators, Scripts and Libraries

a Buy signal emerges.

The strategy handles only Buy signals.

Testing in the M15 timeframe:

MetaTrader Experts, Indicators, Scripts and Libraries

MetaTrader Experts, Indicators, Scripts and Libraries

MetaTrader Experts, Indicators, Scripts and Libraries

Input Parameters

  • Lots - position volume;
  • Stop Loss
  • Take Profit
  • Max positions - the maximum number of open positions;
  • timeframe Stochastic #1 - timeframe for Stochastic #1;
  • timeframe Stochastic #2 - timeframe for Stochastic #2;
  • magic number - Expert Advisor identifier.
19467

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