MA C D Stochastic 2
This software component for MetaTrader 5 is built to enhance the capabilities of your trading environment. This Expert Advisor serves as automated trading software. It is utilized to monitor financial markets and execute trades based on predefined algorithmic rules, enabling precise position management without the need for constant manual oversight.
How to Setup and Use MA C D Stochastic 2
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.
Description & Settings
Idea by
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MQL5 code by
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An Expert Advisor based on two oscillators: iMACD (with adjustable timeframe) and iStochastic taken on the current timeframe. The main idea is that the MACD timeframe must be higher than the current one in the chart.
Stop loss and take profit are set individually for BUY and SELL positions. Trailin is the same for all position types.
Inputs
Lots
- position volume (constant, to be set manually)
Stop Loss BUY
(in pips) - Stop Loss for BUY positions
Stop Loss SELL
(in pips) - Stop Loss for SELL positions
Take Profit BUY
(in pips) - Take Profit for BUY positions
Take Profit SELL
(in pips) - Take Profit for SELL positions
Trailing Stop BUY and SELL
(in pips) - trailing (a single one for BUY and SELL)
Trailing Step BUY and SELL
(in pips) - trailing step
//--- Indicators inputs:
MACD: period
MACD: period for Fast average calculation
MACD: period for Slow average calculation
MACD: period for their difference averaging
MACD: type of price or handle
Stochastic: K-period (number of bars for calculations)
Stochastic: D-period (period of first smoothing)
Stochastic: final smoothing
Stochastic: type of smoothing
Stochastic: stochastic calculation method
Inputs must be optimized for each symbol and timeframe. Exemplary optimization range for AUDUSD,M15:
