Exp i Stoch Komposter: Trading System with Custom Indicator
Info
The Exp i Stoch Komposter: Trading System with Custom Indicator is a Expert Advisor for MetaTrader 5 that trading system based on custom indicator signals. A signal is formed at the close of a bar if a color icon of the indicator has appeared.
Usage
This tool is typically used for automated trading on major forex pairs and gold.
Platform
This Expert Advisor works exclusively on MetaTrader 5 (both build 600+ and newer versions).
Setup
Place the downloaded file in MQL5/Experts folder via File ? Open Data Folder in MetaTrader 5.
How to Install and Use Exp i Stoch Komposter: Trading System with Custom Indicator
1. Installation: Open the "File" menu, select "Open Data Folder," navigate to MQL/Experts, paste your file, and restart the terminal.
2. Activation: Drag the EA from the Navigator onto a chart, ensure "Allow live trading" is checked in the Common tab, and verify the AutoTrading button is green.
3. Optimization: Right-click your chart, choose "Expert List," click "Properties" to adjust inputs, and save your preferred setup as a set file for future use.
4. Maintenance: Regularly check the "Experts" tab in the terminal window to monitor trade logs and potential execution errors.
Frequently Asked Questions
Q: Why is my EA not opening trades? A: Check the "AutoTrading" button, ensure "Allow live trading" is enabled, and verify your broker allows automated trading on your account type.
Q: Can I run multiple EAs on one chart? A: No, each chart can only host one active EA; however, you can open multiple charts for different currency pairs to run several EAs.
Q: What does the "smiley face" icon mean? A: A smiley face in the top-right corner of the chart indicates the EA is successfully running; a frowny face means it is disabled.
What this tool does
Trading system based on custom indicator signals.
Typical Use Case
This Expert Advisor excels in automated trading and technical analysis on MetaTrader 5.
Compatible Platform & Setup
This Expert Advisor works on MetaTrader 5. Place the file in the MQL5/Experts folder and restart the terminal.
Description & Settings
Related: Stochastic Daily Breakout for Gold: Backtested Performance to 2026 - another powerful expert for MetaTrader 5 traders.
Trading system based on custom indicator signals. A signal is formed at the close of a bar if a color icon of the indicator has appeared.Also recommended: Stochastic Protector - similar expert with strong performance on MetaTrader 5.
This Expert Advisor requires the compiled indicator file istochkomposter.ex5 in order to run. Place it in the \mql5\indicators subfolder of your MetaTrader terminal's data folder.The tradealgorithms.mqh library file allows using Expert Advisors with brokers who offer non-zero spread and the option of setting stop loss and take profit together with position opening. You can download more variants of the library from the official MQL5 Code Base.
Default Expert Advisor input parameters were used during the tests. Stop loss and take profit were not used during the tests.
Figure 1 displays instances of trade history on the chart.
Testing results for 2015-2026 on EUR/AUD H4:
Figure 2 displays the testing results chart.
You may also like: trade signals based on 3 black crows/3 white soldiers + stochastic - excellent alternative for expert users on MetaTrader 5.
Source Code
#property copyright "robotfx"
#property link "https://robotfx.org"
#property version "1.10"
#include <tradealgorithms.mqh>
/*enum marginmode - tradealgorithms.mqh
{
freemargin=0, //mm
balance, //mm
lossfreemargin, //mm
lossbalance, //mm .......
⚠ Limitations & Risk Warning
- 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.