I would like to present you a simple strategy to avoid false signals for entries with Stochastic oscillator...
So you need Stochastic (standard in MT4) and MACD modified with Bollinger Bands indicator.
Here are the entries conditions:
FOR SELLING:
1. Cross of Stochastic and Stoc_signal
2. Stochastic > Stochastic value (Set to 60)
3. MACD > MACD UPPER B.B.
FOR BUYING:
1. Cross of Stochastic and Stoc_signal
2. Stochastic < Stochastic value (Set to 40)
3. MACD < MACD LOWER B.B.
Here you will find the ea, a modified MACD with BB and template: load ea first in "experts", indicator in "indicators" and template in "templates" folders.
After that: one currency with any timeframe... and load the template in the chart
I accept any kind of comments, but costructive comments.
Many thanks!
So you need Stochastic (standard in MT4) and MACD modified with Bollinger Bands indicator.
Here are the entries conditions:
FOR SELLING:
1. Cross of Stochastic and Stoc_signal
2. Stochastic > Stochastic value (Set to 60)
3. MACD > MACD UPPER B.B.
FOR BUYING:
1. Cross of Stochastic and Stoc_signal
2. Stochastic < Stochastic value (Set to 40)
3. MACD < MACD LOWER B.B.
Here you will find the ea, a modified MACD with BB and template: load ea first in "experts", indicator in "indicators" and template in "templates" folders.
After that: one currency with any timeframe... and load the template in the chart
I accept any kind of comments, but costructive comments.
Many thanks!
Attached File(s)
icustomStoc_MACD EA 0.0.1.ex4
16 KB
|
1,383 downloads
MACD_with_BB.ex4
12 KB
|
1,303 downloads
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Uploaded Jul 3, 2017 11:09am
0_STOC_MACD.tpl
8 KB
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1,056 downloads
|
Uploaded Jul 3, 2017 11:09am