Stochastic and 3 iMA

This is a simple trend forex strategy.

The recommended interval – H1, the default settings are selected for the currency pair GBPUSD (other intervals and currency pairs should be selected other indicators forex settings).

The following indicators are used in the strategy:

1. EMA: EMA (4) – blue
2. EMA: EMA (13) – Green
3. EMA: EMA (50) – orange.
4. Oscillator Stochastic – Stochastic Oscillator (12,9,5), levels – 20, 40, 60, 80.

The deal to buy opens at the opening of the next candle after the following conditions:

1. The moving average EMA (4) crossed average EMA (50) upwards.
2. The moving average EMA (13) is also crossed moving average EMA (50) upwards.

Stop-loss is set at a distance of 50-70 points, or, by default 70, or below the EMA (50) – that is the greater.

Out trade position – Once the dotted line stochastic (% D) crosses the level 60 downwards. Figure 1. Additionally, the output from the position where EMA (4) crosses the EMA (50) from the bottom upwards, with the proviso that the position in profit.

For transactions on sale – the reverse condition.

Out transaction for sale – as soon as the dotted line stochastic (% D) crosses the level 40 upwards. Figure 2. Additionally, the output from the position where EMA (4) crosses the EMA (50) from top to bottom, with the proviso that the position in profit.

parameters advisor

• Lot for trading – Lot size.
• StopLoss – The five-digit quotes.
• MagicNumber – Magic Number
• The reverse trade ??? – If FALSE the trade strictly on strategy. TRUE if the EA opens positions mirror.
• Stochastic High Level – The upper level, the level indicator perekuplennosti Stochastic
• Stochastic Low Level – The lower level, the level of oversold Stochastic indicator

Indicator profiles hopefully self-explanatory.

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