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RSI_trader_v1.mq4 (5.82 KB) ansehen

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RSI trader trades using rsi indicator suitable for long term and scalping strategies.

The none straight forward settings are explained below:

Applied Price - this is the applied price setting for RSI set 0 for close price, 1 for open price, 2 for high price, 3 for low price, 4 for median price, 5 for typical price and weighted close price.
BuyPoint- If RSI crosses this point upwards a buy order will be sent.
SellPoint- If RSI crosses this point downwards a sell order will be sent.
CloseOnOpposite- If true if an opposite signal is given all trades that had been opened with the previous signal will be closed.

NOTE:

The EA is designed for 5 digit brokers since most major brokers are 5 digit nowadays.
Its up to you to discover the optimum settings for your strategy the default settings have not been tested/optimized.

If this EA helps you donate at our website.

Session Open H-Line

Draws a Horizontal Line at Session Open: On the hour (09:00, 15:00 etc) or any minute past the hour (9:30, 18:47 etc).

VR---MARS-EN

Opening trades directly from charts;

Linear Regression Channel

Regression channel for long period, per variable is number of candle, deviation variable is a standard deviation.

MACD + Flat Market Detector

This is the standard MACD indicator drawing two flat lines instead of a signal line. It allows you to detect and trade flat markets.

RSI trader v1 - Experte für den MetaTrader 4