Author of the strategy: Boris, mq5 code author: barabashkakvn.
Let’s dive into the Billy Expert trading strategy. This EA operates on a simple yet effective premise: when you spot three consecutive down bars on your current timeframe, it’s time to pay attention!
To confirm a Buy signal, the main Stochastic line needs to be above the signal line on two other timeframes:
This strategy focuses solely on Buy signals, making it straightforward for traders who want to keep things simple.
Here’s how it performs when tested on the M15 timeframe:
Input Parameters
- Lots - this is your position volume;
- Stop Loss - set your risk level;
- Take Profit - lock in your gains;
- Max positions - the limit on your open trades;
- Timeframe Stochastic #1 - choose your first Stochastic timeframe;
- Timeframe Stochastic #2 - choose your second Stochastic timeframe;
- Magic number - this identifies your Expert Advisor.
So there you have it! The Billy Expert is a user-friendly EA that's perfect for traders looking to capitalize on market movements efficiently. Happy trading!
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