Trading Idea
Specifications
License
EA Auto Installer working on all builds +600 of MetaTrader 4 & Licensed for One Real or One Demo Account.
Broker / VPS
Can Run with Any Forex Broker, While We Recommend Installing it on TradingFX VPS and Using it on Tickmill Forex Brokers for the Best Stability and Profitability.
User Manual
Included with the EA (Friendly EA Setting).
Support & Updates
Professional 24/7 Support, Free Settings for Other Pairs and Life Time Updates.
Guarantee
30-Day Money Back Guarantee PLUS 12-Months Performance Guarantee Against any Metatrader Major Updates. Both are Provided by the EA Vendor.
Supported Currency Pairs
MetaTrader Chart Timeframe
![MyFxBots Admin [www.myfxbots.com]](/assets/media/avatars/myfxbots-admin.png "MyFxBots Admin [www.myfxbots.com]")
Backtests (H1 - 2012 to 2014 - 99% Modelling Quality Tick Data)
Backtests Settings
Backtests Results
Backtests Settings
Backtests Results
Backtests Settings
Backtests Results
Backtests Settings
Backtests Results
Backtests Settings
Backtests Results
Backtests Settings
Backtests Results
FxMath Stochastic Trader's Trading Strategy
Stochastic Indicator
The strategy built up in FxMath EA only uses Stochastic Indicator to determine the Entry and Exit points, it compares between different stochastic values to detect the major trends in the market to enter it, while the end of trend by comparing between two stochastic values.
Stochastic Oscillator
It was developed by George C. Lane in the late 1950's, it's a momentum indicator that can reveal the location of the close relative to the high-low range over a set number of periods. According to an interview with Lane, the Stochastic Oscillator;
doesn't follow price, it doesn't follow volume or anything like that. It follows the speed or the momentum of price. As a rule, the momentum changes direction before price.
So that the ascendant and descendant deviations in the Stochastic Oscillator can be used to indicate reversals. This was the primer, and most important, signal identified by Lane, that can also be used to identify bull and bear set-ups to predict a future reversal and as it is range bound, it can also be used to identify overbought and oversold levels.
%K = (Current Close - Lowest Low)/(Highest High - Lowest Low) * 100 %D = 3-day SMA of %K Lowest Low = lowest low for the look-back period Highest High = highest high for the look-back period %K is multiplied by 100 to move the decimal point two places
Advantage of Multi-Strategy EAs
- Control and reduce drawn down.
- High profit stability.
- Trading safety as risk is distributed on different pairs.
- Trading safety as risk is distributed on different strategies.
- Account free margin control.
- Dividing profit into smaller standard portions.
Tags
Risk
Forex trading can involve the risk of loss beyond your initial deposit. It is not suitable for all investors and you should make sure you understand the risks involved, seeking independent advice if necessary.
Forex accounts typically offer various degrees of leverage and their elevated profit potential is counterbalanced by an equally high level of risk. You should never risk more than you are prepared to lose and you should carefully take into consideration your trading experience.
Past performance and simulated results are not necessarily indicative of future performance. All the content on this site represents the sole opinion of the author and does not constitute an express recommendation to purchase any of the products described in its pages.
