Lucky Star RSI and MACD
Created for signal providers, as well as for participation in various forex contests(and not only), can independently open an unlimited number of orders on the indicators RSI(Relative Strength Index) and MACD(Moving Average Convergence/Divergence)
A series of experts:Lucky Star RSI and MACD, Lucky Star RSI, Lucky Star WPR , Lucky Star MA, Lucky Star SO, Lucky Star MACD, Lucky Star MA and SO, Lucky Star MA and MACD , Lucky Star SO and MACD the probability of winning real money in management or bonuses to real accounts (read more on this in my blog). EA can be configured under the many rules of various contests of various brokers, if the trading of robots is of course allowed.The whole series of advisors Lucky Star have the ability to determine the permission to trade robots and immediately alert you using the alert system Alert (a separate window will pop up with a sound alert, see screenshot) in the MT4 terminal.Alert will also warn you about an error, if you accidentally logged into the account under the investment password. The adviser will also determine the type of account (real, demo or competitive account, see screenshot) and inform you about this in the upper left corner of the terminal window of the currency pair on which you have installed EA.
EA can trade around the clock until you stop it.Orders are set according to the signals of the RSI and MACD indicators (the signals can be turned on both in parallel and together, that is, in the first case, any first signal opens orders, in the second case, orders open only when both signals give an opening signal), closing orders occurs by action Stop Loss, Take Profit or TrailingStop.Take Profit, Stop Loss, TrailingStop and lot value -Lot,you choose yourself or set according to the rules of competitions (see blog).In the EA interface (see screenshot), you can carefully adjust the RSI and MACD indicators using various methods of averaging, closing or opening bars (the number of bars for averaging), etc. using the MT4 strategy tester and your broker's trading history.
The EA trades in mono mode, i.e. on one currency pair, but if you install it on several currency pairs, the number of signals for opening orders will increase many times. (example: orders closed on TrailingStop and there is no signal to open new orders of this currency pair, but there are signals on a different currency pair, they will give the nod to open new orders).
- Lot - lot size you can use any lot size, fractional 0.01 or 0.1;
- TP - take profit;
- SL - stop loss;
- NumberOrder - number of orders;
- Use Trailing Stop - enable / disable trailing stop;
- Trailing Stop - trailing stop value;
- UseIndicatorFilter - switching indicator filters ( true - RSI or MACD, false - RSI and MACD );
- TimeFrameRSI - any time interval for indicator RSI;
- TimeFrameMACD - any time interval for indicator Moving Average Convergence/Divergence;
- RSIperiod - the number of unit periods of the indicator RSI (1-100 баров);
- ValuePricesRSI - at what price the indicator is calculated;
- shift - shift relative to the current bar by the specified number of periods ago;
- MaxpercentRSI - maximum oversold percentage for RSI indicators, preferably 70-100%;
- MinpercentRSI - minimum overbought percentage for RSI indicators, preferably 1-30%;
- FastEmaPeriod - fast period for MACD, preferably 1-30;
- SlowEmaPeriod - slow period for MACD, preferably 1-30;
- SignalPeriod - signal period for MACD, preferably 1-15;
- ValuePricesMACD - at what price the MACD indicator is calculated;
- Open_Level - MACD filter line, preferably 1-10;
- Close_Level - MACD filter line, preferably 1-10;
- MagicNumber - magic number, integer constant used to uniquely identify orders.
The screenshots show the approximate capabilities of the adviser. Instructions for configuring advisor Lucky Star RSI and MACD. EA work signals here or in profile.