FxMath Stochastic Trader Review Introduction

Trading Idea

FxMath Stochastic Trader employs multiple trading strategies working together, basically the trend / swing strategy.
Visit FxMath Stochastic Trader Website

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 IC Markets, Tickmill, or Alpari 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

EURUSD, GBPUSD, EURJPY, USDCAD, USDCHF & USDJPY

MetaTrader Chart Timeframe

H1

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.

Last Updated On Tues, 13 Mar 2018

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Information, charts or examples contained in this review article are for illustration and educational purposes only. It should not be considered as an advice or endorsement to purchase or sell any security or financial instrument. We do not and cannot give any kind of financial advice. No employee or persons associated with us are registered or authorized to give financial advice. We do not trade on anyone's behalf, and we do not recommend any broker. On certain occasions, we have a material link to the product or service mentioned in the article. This may be in the form of compensation or remuneration.

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