Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

Metatrader 5 Experts | Exp_Slow-Stoch | MetaTrader Tool

Discover expert developed MetaTrader tools that can complement professional solutions.

This trading system uses the Slow-Stoch oscillator.

A trade decision is made when the stochastic changes direction, at the breakthrough of level 50 or when the color of the signal line cloud changes.

The following input parameter is used for selecting an entry algorithm option:

Smooth out market noise with the Heiken Ashi Expert Advisor for MT4 and MT5. Reliable trend-following automation. Details here.

input AlgMode Mode=twist;    // Algorithm for market entering

For a correct operation of the EA, place the compiled indicator file Slow-Stoch.ex5 to terminal_data_folder\MQL5\Indicators.

Note that the TradeAlgorithms.mqh library file allows using Expert Advisors with brokers who offer nonzero spread and the option of setting Stop Loss and Take Profit together with position opening. Other variants of this library can be downloaded from https://www.mql5.com/en/code/1578.

Default Expert Advisor's input parameters have been used during the tests shown below. Stop Loss and Take Profit have not been used during the tests.

Figure 1 The instances of history of deals on the chart.

Figure 1 The instances of history of deals on the chart

Testing results for 2013 at EURUSD H4:

Figure 2. Chart of testing results

Figure 2. Chart of testing results

Thanks for reading. Discover premium MetaTrader solutions at RobotFX.

2183

Best MetaTrader Indicators + Profitable Expert Advisors