The indicator based on stochastic indicator projected on main chart. It is shows potentially reversal zones. The indicator contains a self-optimization module for finding the optimal settings. The indicator automatically saves optimized settings for each trading symbol and timeframe.
Key features
- Stochastic projected on the main chart;
- Price action confirmation of reversal patterns;
- Fixed takeprofit level based on price action;
- Fixed stoploss level based on price action;
- Signals generation for automatic trading;
- Statistics module for measure trading perfomance;
- Optimization module for find the best settings;
- Store optimized settings for each currency and timeframe;
Indicator Settings
- UseInputSettings - force use of input indicator settings instead saved optimized settings. This option usually used in automatic trading with expert advisors.
- KPeriod - stochastic K-line period;
- Slowing - stochastic slowing of K-line;
- DPeriod - stochastic D-line (signal) period;
- MovingPeriod - price channel moving period;
- ATRPeriod - price channel ATR period (used D1 timeframe);
- ATRMult - price channel ATR multiplier;
- Overbought - stochastic overbought percent level;
- Oversold - stochastic oversold percent level;
- RetracementCoef - entry retracement coefficient after detecting entry zone;
- TakeProfitCoef - increase of takeprofit;
- StopLossCoef - increase of stoploss;
Optimization Settings
- PrecalculateBars - bars for optimization and measure statistics;
- MinimumTradesPerMonth - minimum count of trades in one month;
- MinimumPipsPerTrade - minimal average profit per one trade;
- MaximumLossSequence - maximum consequtive losses;
Notification Settings
- UseAlert - use alerts;
- UseMail - use email notifications;
- UsePush - use push notifications;
- UseSound - use sound notifications;
- NotifySound - sound of notifications;
Drawing Settings
- ShowPanels - show statistics and optimization panels;
- clrBullishRect - color of bullish entry zone;
- clrBearishRect - color of bearish entry zone;
- clrBullishBreakoutLine - color of bullish entry line;
- clrBearishBreakoutLine - color of bearish entry line;
- clrTakeprofit - takeprofit color;
- clrStoploss - stoploss color;
