The Hurricane Stochastic Forex robot is an automated trading software that helps investors scalp the currency market for quick profits.
It is basically designed using four different Stochastic indicators and a post-zigzag indicator.
It is an amazing Forex EA that closely compares the closing price to the instrument’s price range over a specified time frame.
The expert advisor is also able to filter out directional price changes in order to determine probable trend.
The Hurricane Stochastic Forex robot is able to eliminate noise from the activity chart, thereby putting laser focus on the market’s crucial trend, not the irrelevant ones.
The EA made $4273.05 profit on the USD/JPY pair 5-Minute chart from an initial deposit of $500.
Feel free to test the expert advisor on any major Forex pair of your preference, for instance: EUR/USD, GBP/USD, USD/JPY, ….
Default EA settings:
Money Management: true, useminilot: true, lots: 0.1, maximum risk: 0.1, minlot: 0.1, mystoploss: 800, mytakeprofit: 0, stopoutlevel: 50, nextopenposition: 150, delay: 50, closebyprofit: false, maxiposition: 5, needprofit: 500, losscan: 500, timeframem1: false, timeframem5: true, timeframem15: true, timeframem30: false, timeframem60: false, timeframem240: false.
The default EA settings can be modified directly by editing the source code or changing the Forex robot’s input values.
It’s highly advised to test the expert advisor on a demo account first before running it on a real Forex account.
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Strategy Tester Performance Report
Find below the strategy tester performance report for the Hurricane Stochastic expert advisor attached to the USD/JPY 5-Minute trading chart.
Strategy Tester Performance Highlights
The Hurricane Stochastic EA made a total profit of $4273.05 ($500 initial deposit) from 62 trades during the initial testing period.
The largest winning trade generated $773.76 in profit, while the largest losing trade lost -$402.02.
See the test results report above for all details.
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Money Management, useminilot, lots, maximumrisk, minlot, mystoploss, mytakeprofit, stopoutlevel, nextopenposition, delay, closebyprofit, maxiposition, needprofit, losscan, timeframem1, timeframem5, timeframem15, timeframem30, timeframem60, timeframem240.
More Info About This Expert Advisor
Recommended Currency pairs: Majors
Trading Platform: Metatrader 4
Time frames: M1 – H1
Expert Advisor Type: Scalping
Copy and paste the expert advisor in the MT4 experts data folder.
Then restart the MT4 terminal and attach it to any chart.