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Stochastic Strategy

PostPosted: Wed Oct 27, 2010 11:28 am
by Apprentice
Stochastic Strategy.png


In addition to the two signal already present on a standard indicator,
Buy
K% or D% Rise above Oversold.
Sell
K% or D% Falls below Overbought.

I added two additional features.
Buy
Simple K% - D% Crossover
K% - D% Crossover in Oversold.
Sell
K% - D% Crossover in Overbought.
Simple K% - D% Crossover

The signals generated while the market is in Oversold / Overbought From my experience are more reliable.

Stochastic Strategy.lua
(13.15 KiB) Downloaded 4779 times

Stochastic Strategy with Filters.lua
(23.34 KiB) Downloaded 1988 times

Stochastic Fast Strategy with Filters.lua
(22.45 KiB) Downloaded 1325 times

1. Filter Price/MA Position
Open Long
Price > MA
Open Short
Price < MA

2. Filter ADX / Level Position
Open Trade if ADX > ADX Level

The Strategy was revised and updated on January 18, 2019.

Re: Stochastic Strategy

PostPosted: Wed Oct 27, 2010 1:33 pm
by wizardpro
For email notification such as
1) Content to be send to emails content body instead of emails header as mobile phone such a Windows Mobile or Iphone let it be text or html is uanble to review the full email headers to seen the trade informations.
2) Auto Trade such as buying or selling with stop loss,take profit and trailing
This is other good indicator too :P

Re: Stochastic Strategy

PostPosted: Wed Oct 27, 2010 1:41 pm
by wizardpro
Hi,
This is a great product as it a powerfully indicator and yet user friendly.
PLease do advise for the parameter under Set Limit Order Yes and No what does it mean as I am a new user in FXCM upgrade from MT4 enviornment.
2)IT come with trailing stop order ,Yes or NO, but it does not allow me to enter how many Pip to enter my trailing or dynamic ?
Other excellent product :P

Re: Stochastic Strategy

PostPosted: Wed Oct 27, 2010 2:22 pm
by alepan72
Hi !!!
I tried this strategy and have the message below....
Best regards and millions thanx for your work!
Image

Re: Stochastic Strategy

PostPosted: Thu Oct 28, 2010 1:06 am
by wizardpro
Hi
Excellent product
It would be good if to add such feature such as
1) Auto Trade only enable Sell or Buy instead of trading all Selling and Buying
2) I am wondering can the emails notifications be working together such as opening of trade emails will be send and also closing of the trade.
That would be a perfect system :P

Re: Stochastic Strategy

PostPosted: Thu Oct 28, 2010 1:21 am
by wizardpro
Hi
base on this auto, can add 1 feature waiting for 1 Bar confirmations before playing the trade.
curently this stochastic Strategy trade once cros without confirmatiosn so if I can select wait for 1 or xx bar before confirmation auto trade buy or sell
2) The Auto Trade can be select such as Only Buy trade or Sell trade :P

Re: Stochastic Strategy

PostPosted: Fri Mar 18, 2011 2:37 am
by fabfxcm
Hi Apprentice,
I think stochastic is a great indicator of an entry strategy, but the problem is that it enters both "in trend" and "against trend". I mean even when the cross is going up if there is an overbought it goes in sell. What may solve the problem is to add the strategy a trend indicator that allows to enter only in the direction of the trend (oversell for up trend and overbought for down trend). It does exist anything similar? It is possible to build up something similar?
Thank you,

Re: Stochastic Strategy

PostPosted: Fri Mar 18, 2011 2:31 pm
by Apprentice
This strategy uses the old template.
When I find time, I will adapt it to new template
that supports this feature.

Re: Stochastic Strategy

PostPosted: Wed Apr 06, 2011 1:37 pm
by serchfx
Hello Aprenttice

I like the standar stochastic strategy, but This strategy can't autotrade.
I download a Strategy Builder but can't autotrade, woul you up grade the standar stochastic indicator????

Thank's

Re: Stochastic Strategy

PostPosted: Wed Apr 06, 2011 5:14 pm
by Apprentice
Strange, both strategies have Autotrading features available.
On the other hand, the indicators do not have Autotrading, possibility.

Two questions.
Do you have a U.S. account.
Did you set "Allow strategy to trade" to Yes.