ma c d stochastic
Info
The ma c d stochastic is a Expert Advisor for MetaTrader 5 that the expert advisor uses two indicators, including (moving average convergence/divergence, macd) and (stochastic oscillator). no more than one position per bar can be opened.
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 ma c d stochastic
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
the expert advisor uses two indicators, including (moving average convergence/divergence, macd) and (stochastic oscillator).
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 Protector - another powerful expert for MetaTrader 5 traders.
the expert advisor uses two indicators, including (moving average convergence/divergence, macd) and (stochastic oscillator). no more than one position per bar can be opened. it uses three time intervals to determine entries.
Also recommended: trade signals based on 3 black crows/3 white soldiers + stochastic - similar expert with strong performance on MetaTrader 5.
input parametersmacd: period for fast average calculation
- fast moving average period.
macd: period for slow average calculation
- slow moving average period.
macd: period for their difference averaging
- the period for averaging the difference.
use stochastic
- enable/disable the use of stochastic.
bars to check stochastic
- the number of bars for calculating the stochastic signal.
sto: k-period (number of bars for calculations)
- k period (number of bars for calculations).
sto: d-period (period of first smoothing)
- d period (period for the primary smoothing).
sto: final smoothing
- final smoothing.
sto: type of smoothing
- type of smoothing.
sto: stochastic calculation method
- stochastic calculation method.
lots
- the volume of position to open.
stop loss (in pips)
- stop loss value.
take profit (in pips)
- take profit value.
trailing stop (in pips)
- trailing value.
trailing step (in pips)
- trailing step value.
max positions
- the maximum number of positions.
no loss stop (in pips)
- the minimum breakeven level.
when set "no loss stop" (in pips)
- minimum distance from the price to set breakeven.
start period #1 (only hours and minutes are valid)
- beginning of period #1.
end period #1 (only hours and minutes are valid)
- end of period #1.
start period #2 (only hours and minutes are valid)
- beginning of period #2.
end period #2 (only hours and minutes are valid)
- end of period #2.
start period #3 (only hours and minutes are valid)
- beginning of period #3.
end period #3 (only hours and minutes are valid)
- end of period #3.
testing results on all pairs from 2017.03.06 to 2017.10.08:
You may also like: trade signals based on dark cloud cover/piercing line + stochastic - excellent alternative for expert users on MetaTrader 5.
Source Code
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⚠ 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.