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Stochastic Trading with MACD filter

  • #21
  • Last Post: Jan 2, 2023 11:35pm Jan 2, 2023 11:35pm
Quoting adegard
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...
Would you mind posting the icustom stoc MACD.mql4 file, I'm interested to learn more about the stochastic MACD. thank you Drew
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