More about the Stochastic Oscillator EA

The Stochastic Oscillator indicator was developed in the late 1950s by Dr. George Lane . The term stochastic refers to the point of a current price in relation to its price range over a period of time. The stochastic oscillator show 2 lines (Main and Signal line) and s support and resistance level. He is included in MetaTrader 5. The default settings are: K% 5, D% 3 Slowing 3.

The trading logic of this forex robot

The Stochastic Oscillator EA is a forex robot based on the Stochastic Oscillator indicator with its Main Line, Signal Line and the Support and Resistance levels.

Additional Functions

• Multiple Open Orders
• Spread Filter
• Money Management
• Inverse Strategy
• BreakEven
• TrailingStop
• Moving Average Trend Filter
• Push & Email Notifications
• Time & Day Filter
• Custom Order Comment
• Custom Magic Number
• Custom Deviation (Slippage)