This is a professional trading robot, which implements the classical Stochastic based trading strategy. The signal is produced upon exiting of the stochastic from the overbought/oversold areas; the levels of those areas will be levels with the values of LevelMax and LevelMin. We buy, as the oscillator (PeriodK or PeriodD) falls below a certain level (LevelMin) and then rises above it. We sell, as the oscillator rises higher than a certain level (LevelMax) and then falls below it. Also, the signal can be inverted.
The EA correctly processes errors and works reliably in the market. It is important to choose the direction of the EA operation: both sides, only buy or only sell.
The Expert Advisor uses the basic concepts: breakeven, trailing, stop loss and take profit, as well as closing by an opposite signal.
Magic — the magic number, an arbitrary integer.
Work Period — the period, on which the EA operates.
Risk — risk to enter the market, set as a percentage of loss of the total deposit. The lot is calculated relative to the stop loss and acceptable loss in case stop loss triggers.
LotRounding — lot rounding (to a required number of decimal places).
Deviation — requotes.
Sleeps — waiting for position opening, closing or modification.
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ENS Pilot is another version of a MetaTrader 5 trading robot developed by “Welcome to profit”. It combines the finely chosen methods of technical analysis and a controlling artificial intelligence.
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Universal Multicurrency Trading System
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