The robot trader EA Exp BlauSMStochastic is based on the signal indicator BlauSMStochastic
the indicator SMStochastic Blau is an indicator Stochastic Oscillator, developed by William Blau based on a Stochastic Momentum indicator.
Technical analysis of William Blau is divided into 4 phases
. The indicator is calculated
The indicator does not reflect the general trend of the market and do not determine the points reversals of trend
. The values of the indicator repeatedly are then smoothed using a smoothing method with an exponential moving average EMA:
- first smoothing with period r
- second smoothing with a period s
. third smoothing with a period u
. The smoothed indicator is standardized
. The normalized smoothed value is again smoothed with an exponential moving average EMA ul period.
Blau SMStochastic indicator is then used to determine the trend and states over-bought and over-sold, the turning points and end of a trend.
The expert advisor EA Exp BlauSMStochastic can be used for each time frame / time unit.
included
smoothalgorithms.mqh
tradealgorithms.mqh
blausmstochastic.mq5
exp_blausmstochastic.mq5
Exchange Broker - Broker Online : Platform Trading MT5 Metatrader
Strategy - Rules Of Trading
. Stop loss: pips
. Take Profit: pips
. Lots: -
. Trailing Stop: -
* Buy signal: uptrend market - Automatic opening long position in the closure of the signal candle
. The cloud or cloud BlauSMStochastic changes color and becomes bullish, green
. The histogram BlauSMStochastic breaks upward zero level: breakout upwards
. The histogram BlauSMStochastic changes direction and is rising again
* Selling signal: bearish trend market - Automatic opening short positions at the close of the signal candle
. The cloud or cloud BlauSMStochastic changes color and becomes bearish, red
. The histogram BlauSMStochastic breaks down the zero level: breakout downwards
. The histogram BlauSMStochastic changes direction and goes down
Learn more about the rules and trading signals:
Bourse - Trader Online Oscillator BlauSMStochastic
Exchange - Trader Online MultiBlauSMStochasticx7 Signal
Trading System - Robot Open Price Action EA
Parameters - Test
Trade Example - Backtesting
Trading forex currency
swaps - Symbol GBP / USD
Time Frame - UT: 4:00 - H4
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