Stochastic RSI MA Expert Advisor

Related: e-trailing2: enhanced trailing stop expert advisor - another powerful expert for MetaTrader 4 traders.

This Expert Advisor utilizes three indicators: MA (150 periods), RSI (3 periods) with levels at 80 and 20, and Stochastic (6, 3, 3) with levels at 70 and 30. These parameters are customizable.

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For non-5-digit quotes, adjust the input parameters accordingly.


Deal Entry Direction

The direction of trade entry is determined by the Moving Average (MA). Only one trade per side is permitted.

Consider BUY direction if Bid > MA.

Consider SELL direction if Ask < MA.


Position Entry Conditions

Entry occurs when RSI and Stochastic conditions are met.

For BUY: RSI < 20 and Stochastic < 30.

For SELL: RSI > 80 and Stochastic > 70.


Trade Exit Strategy

Exit is managed by the Stochastic indicator. Profit can be secured in points.


Exit Method 1: Exit by Stochastic Level (Trailing Stop = 0)

If the trailing stop input parameter is zero, the position is closed once the Stochastic indicator reaches the opposite level, provided the trade is currently profitable.

- Close BUY if Stochastic > 70 and Open Price <= Bid.
- Close SELL if Stochastic < 30 and Open Price >= Ask.


Exit Method 2: Trailing Stop Exit (Trailing Stop > 0)

If a trailing stop is configured, once the Stochastic indicator reaches the opposite level, the stop loss is trailed with each new candlestick. The trailing distance is set relative to the price. Profit can be secured via this method, though a negative closure (stop loss not immediately moving to breakeven) is possible.


Closure at a Loss (Allow Loss)

Exit Method 3: Loss Closure by Stochastic Level (Allow Loss = 0)

If the Allow Loss input parameter is zero, the position is closed once the Stochastic indicator reaches the opposite level, if the trade is currently at a loss.

- Close BUY if Stochastic > 70 and Open Price > Bid.
- Close SELL if Stochastic < 30 and Open Price < Ask.

Exit Method 4: Loss Closure by Allow Loss Value (Allow Loss > 0)

If Allow Loss is set and the Stochastic indicator is outside the trade entry zone, and the position loss meets or exceeds the specified Allow Loss amount, the position is closed.

- Close BUY if Stochastic > 30 and Open Price - Bid >= Allow Loss (in points).
- Close SELL if Stochastic < 70 and Ask - Open Price >= Allow Loss (in points).

Important Note:
The primary purpose of this Expert Advisor is research into market behavior using RSI and Stochastic indicators. With thorough understanding and potential refinement, a profitable trading result may be achievable. This tool is intended for use with MetaTrader 4 and MetaTrader 5 platforms and was updated in 2026.

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#property copyright "robotfx"
#property link "https://robotfx.org"
#property version   "1.00"
#property strict
extern string             nameind1           = "___________rsi__________"; // rsi 
extern int                rsi_period         = 3;                          // rsi period
extern enum_applied_price rsi_applied_price  = price_close;                // rsi applied price
extern int                rsi_up_level       = 80;                         // level up - rsi 
extern int                rsi_dn_level       = 20;                         // level down - rsi 
extern string             nameind2           = "________stochastic______"; // stochastic

.......

• This tool is provided for educational and testing purposes only.
• Past performance does not guarantee future results.
• Trading involves substantial risk of loss. Use on a demo account first.
• Results may vary depending on market conditions, broker, and settings.
• We recommend thorough backtesting and forward testing before using with real funds.