Strategy – Stochastic

    28 Jun

    How does Stochastic Strategy work?

     

    • Active Average – Active / Disable This trading strategy
    • Stoch Signal Type  – Select your trading type. How indicator opens a trade.
    • Stoch TimeFrame – Select indicator timeframe.Signal Indicator (Slow Period Indicator)
    • Stoch K  – Put stoch K value
    • Stoch D – Put stoch D value
    • Stoch Slow – Put stoch Slow value
    • Stoch Method – Stoch Method
    • Stoch Price – Stoch Price
    • Stoch Buy Level – Buy Level
    • Stoch Sell Level – Sell Level
    • Signal Bars (0-Current Bar) – Select which candle EA considers as a signal. 0 means the current candle, and 1 means the previous candle from the current candle.
    • Reverse Signal – EA has default BUY and SELL strategy, if you set Reverse Signal = true then EA will reverse his default BUY or SELL Signal.

     

    How Does Stochastic Indicator Work?

    It Has eights strategies-

    1. Cross at OS/OB:  When the Stochastic Indicator cross is oversold or overbought
    2. Cross at Any Level:  When the Stochastic Indicator cross is any level
    3. Cross MAIN line at OS/OB:  Stoch MAIN line cross oversold or overbought line
    4. Cross SIGNAL line at OS/OB:  Stoch SIGNAL line cross oversold or overbought line
    5. Cross COMEBACK MAIN line at OS/OB:  Stoch MAIN line reverse cross oversold or overbought line
    6. Cross COMEBACKSIGNAL line at OS/OB:  Stoch SIGNAL line reverse cross oversold or overbought line
    7. MAIN line at Oversold/Overbought Level:  When MAIN line are in Oversold/Overbought Level
    8. SIGNAL line at Oversold/Overbought Level:  When SIGNAL line are in Oversold/Overbought Level

     

    – Cross at OS/OB (Oversold/Overbought):-

    • Buy Trade: When stoch MAIN LINE cross with SIGNAL LINE + cross must be below [Buy Level].
    • Sell Trade:  When stoch MAIN LINE cross with SIGNAL LINE + cross must be above [Sell Level].

     

    – Cross at Any Level –

    • Buy Trade: When stoch MAIN LINE cross with SIGNAL LINE. Cross can be anywhere.
    • Sell Trade: When stoch MAIN LINE cross with SIGNAL LINE. Cross can be anywhere.

     

    – Cross MAIN line at OS/OB –

    • Buy Trade: When stoch MAIN LINE cross [Buy Line] from Upper to Lower Level.
    • Sell Trade: When stoch MAIN LINE cross [Sell Line] from Lower to Upper Level.

     

    – Cross SIGNAL line at OS/OB –

    • Buy Trade: When stoch SIGNAL LINE cross [Buy Line] from Upper to Lower Level.
    • Sell Trade: When stoch SIGNAL LINE cross [Sell Line] from Lower to Upper Level.

     

    – Cross COMEBACK MAIN line at OS/OB –

    • Buy Trade: When stoch MAIN LINE cross [Buy Line] from Lower to Upper level.
    • Sell Trade: When stoch MAIN LINE cross [Sell Line] from Upper to Lower level.

     

    – Cross COMEBACK SIGNAL line at OS/OB –

    • Buy Trade: When stoch SIGNAL LINE cross [Buy Line] from the Lower to Upper level.
    • Sell Trade: When stoch SIGNAL LINE cross [Sell Line] from the Upper to Lower level.

     

    – MAIN line at Oversold/Overbought Level –

    • Buy Trade: When stoch MAIN LINE below [Buy Line].
    • Sell Trade: When stoch MAIN LINE above [Sell Line].

     

    – SIGNAL line at Oversold/Overbought Level: –

    • Buy Trade: When stoch SIGNAL LINE below [Buy Line].
    • Sell Trade: When stoch SIGNAL LINE above [Sell Line].

     

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