Introducing Stochastic Eclipse EA – an advanced MT4 Expert Advisor designed for automated trading using the Stochastic Oscillator. This powerful tool assists traders in identifying overbought and oversold conditions, enabling them to seize early reversals, capitalize on strong momentum shifts, and filter out false signals effectively.
Key Features & Parameters
1. Stochastic Oscillator Integration
Overbought/Oversold Levels – Default thresholds are set to 80/20, ensuring effective signal filtering.
Customizable Inputs – Tailor %K, %D, and Slowing values to align with your unique trading strategy.
Dual Thresholds – Enter trades only when the Stochastic crosses predefined upper or lower boundaries.
Signal Confirmation – Opt for immediate or delayed entry to minimize market noise.
2. Trade Management
Lot Size Control – Default is set at 0.10, adjustable to suit your risk preference.
Stop Loss & Take Profit – Both are set at 100 pips, striking a balance between safety and reward potential.
3. Performance Insights (Backtest: Jan–Sep 2025, GBPUSD, D1)
Initial Deposit: $1000
Net Profit: $411.40
Profit Factor: 1.45
Win Rate: 61.5%
Max Consecutive Wins: 9 trades
Max Consecutive Losses: 5 trades
Relative Drawdown: 49.20%
