MQL5 Free EA – Verification by backtesting 28 “Two MA one Stochastic fix lot”

The “Two MA one Stochastic 5" Expert Advisor is based on a strategy that uses two moving averages (SMA) and one stochastic indicator to determine market entry and exit points. To improve the quality of the EA’s signals, the ADX and ATR indicators were added as filters.The arrow indicator from Codebase is used: https://www.mql5.com/ru/code/34955

The EA monitors two periods of moving averages – short (purple) and long (blue). If a short SMA period crosses a long SMA from top to bottom, then this is a sell signal (Sell). If the short SMA period crosses the long SMA from the bottom up, then this is a buy signal (Buy).

The stochastic indicator is used to determine whether the market is overbought or oversold. If the stochastic is in the overbought zone (above 80), then this is a sell signal. If the stochastic is in the oversold zone (below 20), then this is a buy signal.

The EA uses the ADX and ATR indicators to filter out false signals. ADX determines the current strength of the trend in the market, and if ADX is below the set threshold, then the EA will not enter the market. ATR is used to determine stop loss and take profit.

In general, the “Two MA one Stochastic 5" Expert Advisor is a multifunctional tool for trading on the forex market, providing the possibility of obtaining stable profits