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Stochastic Cross Alert MT5 ReadMe

Product Description

This code is for the Stochastic Cross Alert MT5 indicator developed by Forex Robot Easy Team. The indicator is designed to detect stochastic crosses and provide alerts to the trader. It can be used to identify potential entry and exit points in the market based on stochastic indicator signals.

For detailed reviews and trading results of this product, please visit Forex Robot Easy. Please note that ForexRobotEasy is not the official developer of this product. We are only providing sample code that can work as described in this product. To find the official developer of this product, please use MQL5.

Import Libraries

The following libraries are necessary for the indicator to function properly:

  • Trade.mqh
  • Indicators.mqh

Input Parameters

The indicator has the following input parameters:

  • crossThreshold: Threshold value for stochastic cross (default: 0.5)
  • crossAlertType: Type of alert to be triggered (1 - Popup, 2 - Email, 3 - Push Notification)

Global Variables

The indicator uses the following global variables:

  • trade: Object for trading operations
  • indicators: Object for indicator calculations
  • prevCross: Previous cross value

Indicator Initialization

The OnInit() function is used to initialize the indicator. It sets up the indicator settings, such as the index buffer and style of the indicator line.

Indicator Calculation

The OnTick() function is called on each tick to calculate the indicator values. It iterates over the bars and calculates the stochastic values for each bar. It then checks for stochastic crosses and triggers alerts based on the crossAlertType parameter.

Alert Types

The indicator supports three types of alerts:

  1. Popup: A popup alert is displayed on the trading platform.
  2. Email: An email alert is sent to the trader.
  3. Push Notification: A push notification is sent to the trader's mobile device.

Backlink and Disclaimer

For detailed reviews and trading results of this product, please visit Forex Robot Easy. Please note that ForexRobotEasy is not the official developer of this product. We are only providing sample code that can work as described in this product. To find the official developer of this product, please use MQL5.

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