Stochastic Oscillator EA
Free Expert Advisor for MetaTrader 5← back
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.
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