Specification
A simple Expert Advisor for MT5 that trades based on RSI overbought/oversold levels.
- Entry: Buy when RSI(14) < 30, Sell when RSI(14) > 70
- Exit: Take Profit and Stop Loss as adjustable input parameters (default 50/25 pips)
- Position sizing: Risk 1% of account balance per trade, auto-calculated from stop-loss distance
- Timeframe and currency pair: adjustable inputs, not hardcoded
- Include basic error handling and work on any major forex pair
Test Report
Paid Source Code
To be updated.
Files:
252054_Test.zip
248 kb
EA252054_200.ex5
62 kb
