
CAP Stochastic EA
Developed by MEETALGO LLC, Version 4.3, Updated on 15 February 2025
The CAP Stochastic EA MT4 utilizes the Stochastic Indicator for trading. It provides numerous customizable Stochastic trading scenarios and flexible position management settings, along with many useful features such as customizable trading sessions, and both martingale and inverse martingale modes. [Installation Guide | Update Guide | Submit Your Problem | All Products]
Features:
- Easy-to-use and customizable Stochastic settings
- Customizable indicator settings
- Built-in money management
- Grid trading in case of a loss
- Customizable break-even, stop-loss, take-profit, and trailing-stop
- Filter trading by multiple forex sessions
- Built-in news filter: EA automatically downloads news data from a news website
- Grid trading in case of a profit (available in the Pro Version)
- Initial trade stop filter: set a daily time zone for the EA to close all trades at that time (available in the Pro Version)
- Trade close filter by daily time (available in the Pro Version)
- Implements martingale features (available in the Pro Version)
- Partial closing (available in the Pro Version)
Learn more about the PRO version
Entry Strategies:
- Cross at OS/OB: When the Stochastic Indicator crosses into oversold or overbought
- Cross at Any Level: When the Stochastic Indicator crosses at any level (available in the Pro Version)
- Cross MAIN line at OS/OB: When the Stochastic MAIN line crosses the oversold or overbought line (available in the Pro Version)
- Cross SIGNAL line at OS/OB: When the Stochastic SIGNAL line crosses the oversold or overbought line (available in the Pro Version)
- Cross COMEBACK MAIN line at OS/OB: When the Stochastic MAIN line reverses and crosses the oversold or overbought line (available in the Pro Version)
- Cross COMEBACK SIGNAL line at OS/OB: When the Stochastic SIGNAL line reverses and crosses the oversold or overbought line (available in the Pro Version)
- MAIN line at Oversold/Overbought Level: When the MAIN line is at the Oversold/Overbought Level (available in the Pro Version)
- SIGNAL line at Oversold/Overbought Level: When the SIGNAL line is at the Oversold/Overbought Level (available in the Pro Version)
Input Parameters:
For a complete description of the input parameters of the EA, please refer to the user guide.
Looking for More Advanced Strategies?
Our Strategy Builder EA is an ALL-IN-ONE EA that includes all the functions of the PRO version along with more than 34 built-in indicators. This allows you to create a million different strategy combinations, enhancing your trading strategy with an incredible amount of functionality. You can easily test your strategy without any coding knowledge. MT4 Version here | MT5 Version here.
Interested in Becoming a Member?
A one-time purchase grants you access to all EAs for free. For more details, click here.
Support
While I am pleased to offer free products, please note that due to my limited time, they do not come with any kind of support. My apologies for any inconvenience.
Custom Modifications / White-labeling
If you are interested in personal custom development or white-labeling of this product, please contact us for details.
Other Versions
MT4 | MT5 | MT4 (Pro) | MT5 (Pro)
Official Channel
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Author
Mohammad Ali, a technical analyst and speculator, software engineer, and founder of MEETALGO LLC