EA Stochastic - expert pour MetaTrader 5

Idea by: Sergey.

MQL5 code by: Vladimir Karputov.

The EA trades based on indicator Stochastic. Take Profit and Stop Loss levels can be disabled (the value "0" is set in properties). The size of a position can be set manually (the EA will trade with a permanent lot size), or the lot size can be calculated automatically (as the risk percentage per trade).

Input parameters

• Stop Loss - Stop Loss;
• Take Profit - Take Profit;
• Trailing Stop - trailing;
• Trailing Step - trailing step;
• Lots - position size is permanent, "Risk" must be equal to zero;
• Risk - position size is calculated automatically in risk percents per trade, and "Lots" must be equal to zero;
• Stochastic: K-period - K-period (number of bars for calculations);
• Stochastic: D-period - D-period (initial smoothing period);
• Stochastic: final smoothing - final smoothing;
• Stochastic: type of smoothing - smoothing type;
• Stochastic: stochastic calculation method - type of prices;
• Stochastic signal (level UP) - (upper) signal line of stochastic;
• Stochastic signal (level DOWN) - (lower) signal line of stochastic;
• Compared bar - number of the bar, which the zeroth bar is compared to;
• magic number - unique identifier for the EA.

Example of EA launch on EURUSD,M15: