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Engulfing with RSI - Experte für den MetaTrader 4

John Davis
Ansichten:
25439
Rating:
(20)
Veröffentlicht:
2017.09.29 07:58
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Opens buys on Bullish Engulfing candles when RSI is above overbought and sells on Bearish Engulfing candles when RSI is below oversold.

When the account's profit reaches the desired level it closes all the orders.


Inputs

  • Lot size - specify the trade size.
  • Profit Goal - in deposit currency.
  • MaxLoss - a negative amount of currency.
  • RSI period.
  • Applied price for RSI.
  • Overbought level.
  • Oversold level.

Action on EURUSD

Some results:

Some results

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Symbol Movement Symbol Movement

This custom indicator will show you 28 pair's daily candle range, High-Low range, candle bullishness or bearishness from real tick market. So you can understand the overall market situation very short time. You can change the default timeframe from Daily to any period and default candle (bar) number from 0 to any previous number. Also you can open the required symbol by clicking the symbol button.