Stochastic trading bot in mql5! | Part 1

As an algo trader I develop and trade strategies with metatrader 5.
Automated trading makes it possible to be consistently profitable in the forex market. If you have any questions about algo trading, metatrader or programming trading systems (Expert Advisor or EA), just write a comment or visit my website. You can also join my discord server for free.

⚠️ Disclaimer: Some links included in the description might be affiliate links, so I might receive a tiny commission if you use my links. But there is no additional cost for you! Thanks for supporting my work. Your support allows me to keep recording the videos.

Trading in derivative products such as futures, options, CFD's, forex and certificates contains significant risk. These products are not suitable for every investor. Investors could potentially lose all or more than the original investment. If anything, only money equal to personal risk capital should be used and can be lost without jeopardizing financial security or lifestyle. Partially or fully automated trading programs can be used to assist the trader only. Past performance is not an indication of future results. Our trading systems have been developed to the best of our knowledge and belief. Despite careful programming, errors may still exist. We do not assume any liability for errors in the programming of the trading systems. You use the trading systems on your own responsibility. You are responsible if losses occur due to the trading systems.

[maffysmods]

Great job Toby on creating this informative and well-explained tutorial! Your step-by-step approach in coding a stochastic trading bot for Metatrader 5 is very helpful for those who are interested in algorithmic trading. Your clear explanations and easy-to-follow instructions make it accessible for even beginners to understand and learn. Thank you for sharing your knowledge and expertise with us through this video!

[medironza]

Hello, our great teacher we are miss you . before I watching your video, a million like from me .

[Leosimo]

Great video as always mate, your providing amazing value here on YouTube!! 👌

[helmitonp]

Excellent strategy! Congratulations on the video production and programming... Excellent teacher in MQL5. Thanks! Brazil ;🤓😉👏👏👏

[youtraders]

try creating an mqh format library, maybe it will help and there is no need to repeat a user input check code
That's my advice. This video is a very good recommendation for beginners

[XaviAndreu]

Beautiful. The all parts fit so perfectly!

[ray_an_e]

Hey Tobi thank you for the knowledge 👏,

it will be great if you can add :
- Trend Filter (Uptrend / Downtrend)
- Market Regime Filter (volatile / quiet)

[alfran]

First of all: Thanks for sharing your skills. I have a few questions:
Why do you don't want to use more than 5 inputs? I mean, to use 1 or 2 Filter (EMA, ADX) could probably increase the win rate?

[paulb]

Great stuff! I noticed that when you optimized, you had TP maxing out at 10, so that didn't really give it a chance to have many good results when compared with having no TP.

[ralday]

It is amazing how you move around the programing and optimization. I am very beginning and king old to start learning this great field; however i would like to try your EA. Do you rent it or sell it/ Thanks

[mayank_fx]

Wow Man!
Today I executed my first ever code. Thanks!
This works amazingly beautiful.
Can you create bots for Order Blocks and FVG as well ?

[Mkkhaneditx]

good job bro, i copy your any strategy and give me most profit great bro ... bro there is my another request to make a video on MACD which take buy and sell on the base od Histogram value note to skip MACD (MACD Signal line or moving average) just take buy and sell on base of Histogram value, so if Histogram value is 0.300 it take buy and when it is -0.300 then it close buy and take sell

[steelcube]

Hello Toby.. Thank you for posting these videos. Please make a video about the optimization options like recovery factor etc?

[StefanFahlberg]

Hi Tobias, another great video 😊I'm currently watching it, and tomorrow I will watch it again and do the coding 😎👍

[wilmontclementson]

Excellent video Toby. Do you think there might be a benefit to trading the Stochastic hook? For example if you are taking a buy trade, instead of entering on the downward cross of the lower level, you enter on the upward cross of the lower level but only after confirming the downward cross within x number of bars for example.

[fredysoto]

Hi Tobi, I was witing for Your Importante Informations!! Thanks

[PrasenjitFx]

Thank you. It's my favorite indicator

[karthik-ravi]

Hey Toby, great video.. im new to this and it's exciting mql and strategies.. will this bot work on indices like spx500 instead of forex?

[EEther]

Appreciate the video man! one question though, What theme are you using?? it looks amazing

[harshitakesarwani]

Excellent ! Kindly make video on AI based EA.