London, UK – June 23, 2025 — A new tool has been added to the FxMagnetic ecosystem, further empowering traders to develop and automate strategies with precision and efficiency. The newly launched FxMagnetic Stochastic Trader leverages the well-known Stochastic Oscillator and delivers a high-performance solution tailored for use in forex markets and proprietary trading firm challenges.
Designed for use with MetaTrader 4, this application enables users to visually test trading strategies, optimize performance, and automate execution based on strict entry conditions—all without writing a single line of code. The software is now available globally.
Streamlining Strategy Development for Traders Worldwide
The FxMagnetic Stochastic Trader introduces a Scanner and Autotrader pair that allows for signal detection, historical analysis, and real-time trading—all based on user-defined parameters tied to the Stochastic indicator. This makes it particularly suitable for traders participating in prop firm evaluations, where consistency, risk control, and performance metrics are tightly monitored.
As part of the major FxMagnetic 1.4.0 update, this new tool also benefits from platform-wide improvements, including updated filters, CSV export enhancements, and more reliable simulation reporting.
Recent updates across the suite include:
- The ability to automatically exit trades at a set time daily, a useful function for traders following session-based approaches.
- A new Parabolic SAR Stop Loss option that introduces adaptive trade exits.
- A full transition from pip-based metrics to point-based calculations, ensuring consistency across various brokers and asset classes.
Greater Control Through Smart Filters and Exports
To support deeper strategy testing and safer execution, the software now includes several important additions:
- Loss Streak Filter – Strategies can be filtered out during testing if they exceed a user-specified limit for consecutive losses.
- Risk-to-Reward Range Filter – Prevents simulations outside of ideal RR windows, improving strategy relevance.
- Custom Spread Simulation – Traders can model spreads in backtests more realistically using a configurable artificial spread input.
- Expanded CSV Output – Exports now include per-trade profit/loss, cumulative performance, and updated account balances.
These enhancements help traders quickly identify viable strategies that align with their goals—whether passing a prop firm challenge or optimizing a personal account.
New Features Improve Manual and Automated Execution
With the updated Autotrader, users gain access to a manual trigger button for entering signals they may have missed, while still maintaining risk and SL/TP logic. This hybrid execution model is ideal for traders who occasionally prefer discretion but want automated management afterward.
The platform also introduces a configurable setting to run the final position in a trade without a Take Profit, providing flexibility for longer-running trades or trailing exit strategies. Additional error-handling and capital management logic ensures stable execution, especially when working with multiple positions or lower account balances.
A Vision for Smarter, Simpler Trading
According to the team behind the software, the idea is to make automated forex trading more accessible and structured—without requiring programming skills or third-party tools.
“The FxMagnetic Suite continues to evolve to meet the needs of traders who value performance, data, and discipline. With the addition of Stochastic Trader, we’re offering another specialized tool for those who want to approach the market with confidence and a clear plan,” one member of the development team explained.
This launch follows previous successful releases like FxMagnetic RSI Trader and Parabolic Trader, each focused on a specific indicator and offering its own optimization options and performance filters.
To explore the suite and its capabilities, visit FxMagnetic.
Media Contact
Rimantas Petrauskas
Founder, FxMagnetic
Email: support@fxmagnetic.com
Website: www.fxmagnetic.com
