London, UK – June 23, 2025 — FxMagnetic, a provider of advanced trading automation tools, has officially released FxMagnetic Stochastic Trader, a new app within its growing software suite. Built for MetaTrader 4 and optimized for strategy development and automation, this release expands the FxMagnetic lineup with a solution based on the widely used Stochastic Oscillator indicator.
Available worldwide, this release is particularly relevant for proprietary trading (prop firm) participants and retail traders who want to develop data-driven, backtested strategies for regulated accounts. The launch comes as part of FxMagnetic Version 1.4.0, a major update that also includes enhancements across the entire suite.
The release of FxMagnetic Stochastic Trader addresses a growing need in the forex trading community: how to build and test strategies efficiently—without programming—while complying with strict risk rules, especially on prop firm accounts like FTMO or MFF.
Technical Sophistication Made Simple
FxMagnetic Stochastic Trader includes both a Scanner and an Autotrader, allowing traders to discover and automate winning strategies based on the Stochastic Oscillator. With built-in filters, flexible SL/TP controls, and detailed reporting, the tool enables systematic strategy development on any symbol and timeframe supported by MetaTrader.
Recent updates across the FxMagnetic Suite include:
- Daily Exit Time Rule – Automatically closes all trades at a specific broker time.
- Parabolic SAR-Based Stop Loss – Adds dynamic trade exits based on market volatility.
- Point-Based Metrics – All stats and values now reflect MT4’s standard point format for increased clarity.
These updates enhance not only the new Stochastic Trader app but all FxMagnetic tools.
Risk Controls and Optimization Tools
To support strategy evaluation and risk control, FxMagnetic Stochastic Trader integrates new features for optimizing performance:
- Max Consecutive Loss Filter – Helps exclude high-risk strategies during backtesting.
- Risk/Reward (RR) Filter – Only scans strategies that fall within user-defined RR ranges (e.g., 1:1.5 to 1:3).
- Artificial Spread Simulation – Mimics realistic spread environments for more accurate strategy testing.
- Enhanced CSV Exports – Includes trade-by-trade P/L, cumulative performance, and account balance tracking.
This level of transparency is especially valuable for traders aiming to meet prop firm evaluation criteria.
Usability Enhancements in Autotrader
The Autotrader component now supports a “Buy/Sell Button” for manual signal execution. This allows users to enter a trade on demand, using the same risk settings and magic number configuration, while still being fully managed by the Autotrader.
Additionally, the latest version introduces a customizable option to leave the final trade position open without Take Profit, offering more flexibility in trailing exits or letting trades run longer-term. Improvements in capital handling also prevent issues with insufficient balance when using multi-position logic.
Humanizing Strategy Automation
“The idea behind the FxMagnetic Suite is to give traders a structured, data-driven way to trade without needing to code or stare at charts all day,” said one representative involved in product development. “The Stochastic Trader continues that mission—automating powerful strategies while offering deep customization and safety tools.”
This update follows the recent launch of FxMagnetic Parabolic Trader, part of a growing lineup that now includes tools based on RSI, MACD, Bollinger Bands, and Candlestick Patterns.
Media Contact
Rimantas Petrauskas
Founder, FxMagnetic
Email: support@fxmagnetic.com
Website: www.fxmagnetic.com
