Stoch Power EA 5g
From the Old Kings archive: Stoch Power EA 5g, an expert advisor (trading robot) for MetaTrader 4. Its name points to the Stochastic oscillator. In the code it works with the Stochastic oscillator. It places pending orders, moves the stop behind price and has a trading-hours filter. It has 40 settings, for example INFO (default STOCH POWER EA V5.0), OWN (default Copyright 2007, AZAM575) and sq (default --STOCH SETTING--). Before any live use, test it on a demo account and check its lot size, stop loss and trading hours. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1.0 · Free
About Stoch Power EA 5g
Stoch Power EA 5g is an expert advisor (trading robot) for MetaTrader 4 based on Stochastic. It places pending buy/sell stop or limit orders, moves the stop loss behind price (trailing stop / break-even) and trades only in the hours you set (time filter). It has 40 settings, such as INFO, OWN and Sq. MQL source code included.
It also can size trades from your balance and risk percent.
Files in the download: stoch power EA_5g.mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| INFO | STOCH POWER EA V5.0 | |
| OWN | Copyright 2007, AZAM575&SYLARVAMPIRE&YU | |
| Sq | --STOCH SETTING-- | |
| K period | 14 | Period or timeframe used by the calculation |
| D period | 3 | Period or timeframe used by the calculation |
| Slow period | 3 | Period or timeframe used by the calculation |
| Stoch tf | 60 | |
| Shift | 1 | Bar shift (0 = current bar) |
| H level | 97 | |
| L level | 3 | |
| Choosee ma mode | Choose 1=mode SMA, 2=mode LWMA, 3=mode E | |
| Stoch m amode | 2 | |
| Exit with stoch | False | |
| Sb | --TRADE SETTING-- | |
| Lots | 0.1 | We start with this lots number |
| Take profit | 32 | Profit Goal for the latest order opened |
| My money profit target | False | |
| My money profit target | 50 | |
| Multiply | 2.0 | How much the lot size grows after a loss |
| Max trades | 3 | Maximum number of orders to open |
| Pips | 22 | Distance in Pips from one order to another |
| Stop loss | 0 | StopLoss |
| Trailing stop | 0 | Pips to trail the StopLoss |
| MM | --MOney Management-- | (from order 2, not from first order |
| Mm swicth | if one the lots size will increase based | |
| Mm | 0 | if one the lots size will increase based on account size |
| Riskset | risk to calculate the lots size (only if | Risk per trade (percent of balance) |
| Risk | 1 | risk to calculate the lots size (only if mm is enabled) |
| Accounttypes | 0 if Normal Lots, 1 for mini lots, 2 for | |
| Account type | 1 | 0 if Normal Lots, 1 for mini lots, 2 for micro lots |
| Magicnumber | --MAgic No-- | Magic number that tells this EA's orders apart |
| Magic number | 222777 | Magic number for the orders placed |
| So | --CUTLOSS SETTING-- | |
| Secure profit protection | False | |
| SP | If profit made is bigger than SecureProf | |
| Secure profit | 20 | If profit made is bigger than SecureProfit we close the orders |
| OTP | Number of orders to enable the account p | |
| Ordersto protect | 3 | Number of orders to enable the account protection |
| ASP | if one will check profit from all symbol | |
| All symbols protect | False | if one will check profit from all symbols, if cero only this symbol |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: Stochastic · Pending Orders · Trailing Stop & Break-even · Time Filter · Risk & Lot Size · MT4 Expert Advisor · MQL4 Source Code