The indicator is based on the stochastic oscillator, built on the price chart. It shows potential reversal zones. The indicator contains a self-optimization module for finding the best settings. The indicator automatically saves optimized parameters for each trading instrument and timeframe.
- Stochastic, built on the price chart;
- Confirmation of reversal patterns from price action;
- Fixed take profit;
- Fixed stop loss;
- Generating signals for automatic trading;
- Statistics module for measuring trade indicators;
- Optimization module for finding the best settings;
- Save optimized settings for each trading instrument and timeframe.
- UseInputSettings-use the input parameters of the indicator instead of the saved optimized parameters. It is usually used for automatic trading in Expert Advisors;
- KPeriod – period of the K line of stochastic;
- Slowing-deceleration of the line To stochastic;
- dPERIOD – period of the stochastic signal line;
- MovingPeriod – the period for building a price channel;
- ATRPeriod – the ATR period for building the price channel (the daily timeframe is used);
- ATRMult-ATR multiplier for building a price channel;
- Overbought – stochastic overbought level;
- Oversold – stochastic oversold level;
- RetracementCoef-coefficient of the pullback movement for finding the entry point after determining the potential zone;
- TakeProfitCoef-take profit multiplier;
- StopLossCoef-multiplier for the stop loss.
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- PrecalculateBars – the number of bars to optimize and calculate statistics;
- MinimumTradesPerMonth – minimum number of transactions per month;
- MinimumPipsPerTrade – minimum average profit in pips per trade;
- MaximumLossSequence – the maximum number of losing trades in a row.
- UseAlert – use alerts;
- UseMail – use email alerts;
- UsePush – use notifications on your phone;
- UseSound – use sound notifications;
- NotifySound – notification sound.
- ShowPanels-show statistics and optimization panel;
- clrBullishRect – color of the shopping area;
- clrBearishRect – color of the sales area;
- clrBullishBreakoutLine – color of the purchase entry line;
- clrBearishBreakoutLine – color of the entry line to the sales;
- clrTakeprofit – color of the take profit lines;
- clrStoploss – color of the stop loss lines.
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