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Hi all !
I just developed an EA using only one indicator (Stochastic 14,3,3) using Online Forex Expert Advisor Generator for MetaTrader EA Builder. Following are the details:
TRADER ENTRY & EXIT RULES:
Open Buy: When Stoc is less than 20, buy
Close Buy: When Stoc is above 50
Open Sell: When Stoc is above 88
Close Sell: When Stoc is less than 58
Options:Lots = 0.01
StopLoss= 5
TakeProfit= 10
TrailingStop= 0
Slippage= 3
Results:
Bars in test 15078
Ticks modelled 533061
Modelling quality 24.84%
Mismatched charts errors 0
Initial deposit 10000.00
Total net profit 279.02
Gross profit 1388.82
Gross loss -1109.79
Profit factor 1.25
Expected payoff 0.19
Absolute drawdown 317.78
Maximal drawdown 619.30 (6.01%)
Relative drawdown 6.01% (619.30)
Total trades 1457
Short positions (won %) 681 (51.69%)
Long positions (won %) 776 (51.80%)
Profit trades (% of total) 754 (51.75%)
Loss trades (% of total) 703 (48.25%)
Largest profit trade 309.60
loss trade -180.00
Average profit trade 1.84
loss trade -1.58
Maximum
consecutive wins (profit in money) 12 (12.13)
consecutive losses (loss in money) 13 (-6.50)
Maximal
consecutive profit (count of wins) 360.46 (3)
consecutive loss (count of losses) -180.00 (1)
Average
consecutive wins 2
consecutive losses 2
I am also attaching the EA for you to test and for further suggestions and improvements as I think I am missing something or my options (s/l, t/p, etc) may not be correct otherwise more profit can be generated using correct options, which I leave to you to suggest.
Thanks for your kind consideration.![](https://c.mql5.com/forextsd/smiles/smile.png)