Price Action Stochastic indicator
- Experts
- Thawinchai Waharam
- Version: 1.0
- Activations: 5
Price Action Stochastic indicator
🔍 1. Utilizing the Stochastic Indicator Signal
This system detects crossover signals from the Stochastic Indicator within specific thresholds and uses the EMA (Exponential Moving Average) as a trend filter to identify high-probability entries:
-
Buy Entry: When Stochastic Main < 20, crosses above the Signal line, and price is above EMA → Enter Buy
-
Sell Entry: When Stochastic Main > 80, crosses below the Signal line, and price is below EMA → Enter Sell
🧱 2. Signal Filters for Enhanced Accuracy
-
EMA Filter: Only enter Buy when price is above EMA / Sell when price is below EMA
-
ADX Filter: Avoid trades in non-trending markets (no entries if ADX < 10)
-
Spread Control: Prevent entries when spread is too high
-
Price Distance from EMA: Avoid trades if price is too far from EMA to reduce volatility risk
🚀 Core Features of the EA
-
Customizable Timeframes: Supports M1–H4 with adjustable filter parameters
-
Risk Management System: Lot size based on equity, Max Drawdown settings
-
Adjustable SL & TP: Support for Risk-Reward ratios like 1:2, 1:3, or user-defined
-
Trailing Stop System: Lock in profits as price moves in favorable direction
-
24/7 Automation: Enables consistent passive income generation
🧭 Recommended Usage of Stochastic EA
-
Platform: MetaTrader 4/5 (MT5 recommended)
-
Timeframe: M30 (30 minutes), 6 set files avilable for M1, M5, M15, M30, H1 and H4
-
Currency Pair: XAUUSD (Gold vs. USD)
-
Minimum Capital: Atleast $100 (>$1,000 recommended for optimal performance)
-
Broker: Trusted broker with low spread
✅ Pros & ❗ Cons
✅ Strengths:
-
Win rate: 65-93%(depended on timeframe), Drawdown < 4% (on $10,000 capital)
-
$8,613 profit in 1-year backtest
-
Effective risk control and verified real tick-level backtest results
❗ Limitations:
-
Low-frequency entries (capital preservation focus)
⚙️ EA Parameter Overview
Core Strategy
-
TimeFrame = 30M
-
EMA_Period = 319
-
STO_Precent_K = 16
-
STO_Score_Buy = 22
-
STO_Score_Sell = 100
Signal Filters
-
Spread = 40
-
ADX_Period = 44
-
ADX_Score = 12
-
Distance_near_EMA = 5800
-
Distance_far_EMA = 0
Risk Management
-
Lot_Devided = 200,000
-
SL = 2130 pips / TP = 2690 pips
-
Trailing Stop = 1290 pips, Step = 700, Start = 980
Advanced Options
-
On_Recovery = false
-
Consecutive_losses = 2
-
Recovery_Lot = 2.0
💡 Example of Lot Calculation Based on Capital
-
Capital $10,000 → 10,000 / 200,000 = 0.05 Lots
-
Capital $1,000 → 1,000 / 100,000 = 0.01 Lots
-
Capital $100 → 100 / 200,000 = 0.01 Lots (rounded up)
📌 Professional, algorithmic trading powered by precise signal filtering and adaptive risk control.