EA To Close Trades Using Stochastic Oscillator

MQL4 Experts

Job finished

Execution time 22 hours
Feedback from customer
Great developer. Very efficient and accurate.
Feedback from employee
good customer happy to work with him

Specification

Hi. I would like to request for an EA to close trades using stochastic oscillator indicator.

The default stochastic oscillator settings will be used.
%K Period: 5
%D Period: 3
Slowing: 3
PriceField: Low/High
MA Method: Simple


===================
Conditions to Close trade. All 3 conditions must be met for trade to close.
===================
1)
It will use the M1 closed candles' K and D values. At the 01 second mark of each minute, it will analyze the K and D values of the 2 previous minutes.

For example, the broker time is now 13:15:01.
K1: K value at 13:14
D1: D value at 13:14
K2: K value at 13:13
D2: D value at 13:13

EA will close the Sell trades when K2<D2 and K1>D1.
EA will close the Buy trades when K2>D2 and K1<D1.

-------------------------------------------------
2)
For Buy trade to close, there is a minimum value of K2
For Sell trade to close, there is a maximum value of K2
(see settings below)

-------------------------------------------------
3)
There is a minimum profit to close trades. (See settings below)



==================
Settings Required
==================

MagicToMonitor: (Default:12345) This EA will manage only trades with a specific magic number. This is the magic number of trades to monitor.

MinK2ToCloseBuy: (Default:80) This is the minimum value of K2 to close a Buy trade. If condition is not met, trade will not close. EA will wait for the next stochastic crossover.

MaxK2ToCloseSell: (Default:20) This is the maximum value of K2 to close a Sell trade. If condition is not met, trade will not close. EA will wait for the next stochastic crossover.

MinProfitToClosePoints: (Default:30) Once the conditions to close trade are met, this is the minimum profit (in points) for the trade to close. If profit is same or more than this value, trade will close. If profit is less, EA will place a Take Profit order at that profit level.

=====================

Notes:
My broker has suffix y. For example, EURUSD is EURUSDy.
Stops level is 0.



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Project information

Budget
30+ USD
For the developer
27 USD