EA Entry based on Stochastic

VARIABLES

stochastic (14,3,3)

MAX SPREAD = 300 POINTS

LOT SIZE = 1 LOT

LOT INCREMENT = 1.5

TAKE PROFIT = 100 POINTS

SERIES TAKE PROFIT = 50 POINTS

MAX DRAWDOWN = 200 POINTS

ENABLE BUY = TRUE/FALSE

If at candle open Stochastics value > signal then UPTREND=TRUE

If no open buy positions and UPTREND and ENABLE BUY and spread <= MAX SPREAD than buy LOT SIZE

If price drops MAX DRAWDOWN than open new buy position of last LOT SIZE plus LOT INCREMENT

EXAMPLE: first order was 1 lot next order is 2.5 than 4lot, etc.

Take profit is always Break even plus TAKE PROFIT

Note:

1.- Don't use tp or sl on mt4, only draw horizontal lines on chart and close position when price touches.

2.- Needs to be able to backtest on mt4.

3.- Send source code.