If you’ve ever stared at your MT4 charts for hours, waiting for the perfect entry, you’ll get why the Stochastic Cross EA V1.0 MT4 is such a game-changer. This ForexFactory EA marries the classic stochastic oscillator with moving average confirmation to pinpoint high-probability trade entries. No more guesswork, no more FOMO, just objective signals that align momentum with trend direction.
Imagine setting up an MT4 expert advisor that does the tedious monitoring for you… that’s exactly what this EA does. Once you drop the EA into your chart—any currency pair, any timeframe—you’re free to tweak the stochastic periods, smoothing, overbought/oversold thresholds, plus moving average type and period. Five minutes of configuration, and you’ve got an automated strategy that never sleeps.
Why Traders Love It
Traders of all stripes—from scalpers on M1 to swing traders on H4—swear by this EA. You can dial in a super-tight stochastic setting for rapid scalp signals… or widen your parameters for fewer but stronger H1 setups. Because it’s a true MT4 expert advisor, you get built-in position sizing, fixed stop-loss/take-profit or dynamic trailing stops, and a maximum drawdown cap you define. Protecting your account is as easy as entering a percentage risk per trade.

Key Features at a Glance
• Fully c ustomizable stochastic inputs: %K, %D, smoothing, overbought/oversold
• Trend filter via your choice of MA (SMA, EMA, WMA) and applied price
• Fixed or trailing stop-loss and take-profit options
• Auto-lot calculation based on equity risk percentage
• Compatible with all major currency pairs and timeframes
• Simple install: place .ex4 in Experts folder, refresh MT4, drag onto chart
Backtesting & Live-Demo Results
Before risking real funds, every savvy trader backtests. In MT4’s Strategy Tester, the Stochastic Cross EA V1.0 MT4 delivers a clean equity curve across 2015–2024 EUR/USD data: a 65% win rate, average 1.8:1 reward/risk, and sub-8% drawdown. Yep, those curves aren’t curve-fitted—this EA uses raw tick data. Once you’ve proven it on demo for a month or two, you can feel confident moving to a small live account. Many users report 4–6% monthly returns in demo, matching live performance once optimized.
Installation & Setup
- Download the EA from its ForexFactory.cc page.
- In MT4: File → Open Data Folder → MQL4 → Experts → paste the .ex4 file.
- Restart MT4 or right-click “Experts” in the Navigator and hit “Refresh.”
- Drag “Stochastic Cross EA v0.1” onto your chosen chart.
- In Inputs, adjust stochastic periods, MA settings, SL/TP, and risk percentage.
- Enable “Allow Live Trading” and confirm DLL imports if needed.
That’s it—no coding skills required, even if you’ve never set up an EA before.
Tips for Optimal Performance
• Multi-Pair Testing: Don’t limit yourself to EUR/USD. Try USD/JPY, GBP/USD, AUD/USD, even exotic crosses—just watch liquidity.
• Parameter Optimization: Use the MT4 optimizer to find top settings per pair. But avoid over-optimization; stick within logical ranges.
• VPS Hosting: For 24/5 uptime and minimal latency, run your EA on a reliable VPS.
• Demo Run-In: Always test at least 500 live ticks on demo to catch broker execution quirks.
Advanced Strategies
Co-trade this EA with a breakout filter or session timer for even tighter entries. For example, only trade between London open and NY close to avoid thin overnight volatility. You can also integrate this EA alongside a money-management script that adapts position size to current market volatility.

Why This EA Stands Out
While many MT4 expert advisors flood forums with flashy but over-optimized backtests, the Stochastic Cross EA V1.0 MT4 focuses on real-world robustness. Its dual-filter design reduces whipsaw trades, and the flexible risk settings empower beginners and pros alike. Plus—it’s totally free on ForexFactory.cc. You won’t find monthly fees or locked features here; download, install, and you’re trading.
Final Thoughts
Automated trading can feel daunting at first, but this ForexFactory EA makes it as simple as installing a plugin. You get objective, momentum-plus-trend signals without the emotional headaches. Sure, no EA is a “set-and-forget” jackpot machine, but with proper demo testing, sensible risk controls, and a dash of trader oversight, the Stochastic Cross EA V1.0 MT4 can become a reliable pillar of your trading plan.
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