Master Your Trades with the Exp_Slow-Stoch_Duplex for MetaTrader 5

Mike 2019.01.02 23:31 21 0 0
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Are you ready to take your trading to the next level? Meet the Exp_Slow-Stoch_Duplex, a powerful system designed for MetaTrader 5. This Expert Advisor (EA) operates two identical trading systems tailored for both long and short positions, driven by the signals from the Slow-Stoch indicator. The beauty of this EA lies in its configurability, allowing you to customize it according to your trading style.

Understanding the Input Parameters

The input parameters are grouped into two distinct categories:

  • L - Parameters for managing long positions.
  • S - Parameters for managing short positions.
//+----------------------------------------------+
//| Input parameters of the EA for long trades   |
//+----------------------------------------------+
input uint    L_Magic=777;          // L magic number
input double  L_MM=0.1;             // L share of a deposit per trade
input MarginMode L_MMMode=LOT;      // L lot setting mode
//+----------------------------------------------+
//| Input parameters of the EA for short trades  |
//+----------------------------------------------+
input uint    S_Magic=555;          // S magic number
input double  S_MM=0.1;             // S share of a deposit per trade
input MarginMode S_MMMode=LOT;      // S lot setting mode

Trade Independently

Each trading system operates independently with its own magic number. This is crucial because real financial markets aren't symmetric; they often require distinct parameters for trading in bullish versus bearish conditions. To ensure optimal performance, it’s advisable to test one system at a time. You can easily disable the second system using the relevant switches.

input bool    L_PosOpen=true       // L permission to enter long positions
input bool    L_PosClose=true      // L permission to exit long positions

Getting Started

For the EA to function correctly, you need to place the compiled indicator file Slow-Stoch.ex5 into your terminal's terminal_data_older\MQL5\Indicators folder.

The tests below utilized default input parameters. Note that Stop Loss and Take Profit settings were not included in these tests.

Testing Results

Fig.1. Examples of deals on the chart with symmetrical settings.

Fig.1. Examples of deals on the chart with symmetrical settings.

Here are the testing results for 2017 on the EURAUD H8:

Fig.2. Testing results chart.

Fig.2. Testing results chart.

Fig.3. Examples of deals on the chart with non-symmetrical settings.

Fig.3. Examples of deals on the chart with non-symmetrical settings.

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