- Meet StochSeller, an expert advisor tailored for the EURCAD on the 5-minute chart, designed specifically for executing SHORT ONLY positions using stochastic indicators.
- Three stochastic indicators are utilized to determine entry points, paired with the ATR for volatility assessment.
- It can handle up to 8 pending grid positions if the first trade doesn't close in profit.
- Features a pips averaging algorithm to enhance trading performance.
- For even better results, consider adjusting the profit target from 23 pips to 35.
What do you think? I'm here to help optimize this for any pair, whether you're looking to sell or buy.
Related Posts
- Mastering Trading Signals with MQL5 Wizard: Bullish and Bearish Engulfing Strategies
- Harnessing MQL5 Wizard for Trading Signals: 3 Black Crows & 3 White Soldiers with MFI
- Creating a Stochastic-Based EA for Hammer and Hanging Man Patterns in MetaTrader 5
- Mastering Bullish and Bearish Harami Patterns with Stochastic in MT5
- Leveraging MQL5 Wizard: Crafting Trade Signals with Meeting Lines and Stochastic