Skip to content
All library documents

Fractals and Stochastic Signals with Optional Trade Management

Article MQL5 code base

Summary

This document describes a MetaTrader expert advisor built around signals from Fractals and Stochastic indicators. Traders can choose to require both indicators or use either one on its own. The listed inputs also allow configuration of position volume, stop loss, take profit, trailing stop and step, and minimum profit thresholds in money or pips. Stop loss, take profit, and trailing features can be enabled or disabled.

The material is a brief feature description rather than a full strategy specification. It gives no precise entry rules, indicator settings, instrument or timeframe guidance, performance evidence, or backtest results. The minimum profit settings are described as conditions for closing a position, but their interaction with other exits is not explained. Treat the page as a summary of configurable EA functions, not as evidence that the approach is profitable or a complete guide to reproducing it.

Key ideas

  • The EA can use signals from both Fractals and Stochastic or from only one of them.
  • Stop loss, take profit, and trailing stop management can be configured or disabled.
  • Position volume and minimum profit thresholds are among the listed inputs.
  • The document does not specify signal rules, indicator parameters, or performance results.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.