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Stochastic Slow Strategy (EA)

This strategy initiates trades based on slow stochastic's overbought and oversold levels. The strategy will buy when certain oversold conditions are met and sell when certain overbought conditions are met.

Buy Logic
A market order to buy will be generated at the open of the next bar if the following conditions are met:
1. SlowK line crosses above the SlowD line
2. SlowK value is less than the oversold level

Sell Logic
A market order to buy will be generated at the open of the next bar if the following conditions are met:
1. SlowK line crosses below the SlowD line
2. SlowK value is greater than the overbought level

Stop and limit levels can be specified when formatting the strategy inputs. This strategy also has the option for email alerts. The email alert can be selected when formatting the strategies inputs.

Category FXCM Strategy Trader (hidden)

Details: Stochastic Slow Strategy (EA)
Category: FXCM Strategy Trader (hidden)

December 16th, 2010
Size: 3.04 KB
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Keywords: stochastic slow