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You liked the script? Try it in the MetaTrader 5 terminal

Views:

24396

Rating:

(4)

Published:

2012.05.25 09:31

Updated:

2016.11.22 07:32

RGT_2.mq4 (5.2 KB) view

Download as ZIP, How to download code from MetaEditor

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Expert advisor based on Bollinger bands and Rsi. Modified trailing stop system.

Inputs:

extern double Lots = 0.01; // lot size
extern double MinPipsProfit = 30; // when does the trailling stop start ( +30 pips above open price )
extern double Ea_StopLoss = 70;
extern double Ea_Trailing_Stop = 35;
extern int Slippage = 3;
extern int RsiH = 90; // sell if bollinger band high and and rsi>90
extern int RsiL = 10; // buy if bollinger band low and and rsi<10
extern int RsiPeriod = 8;
extern int Magic=686;

This indicator is the first version so please be gentle :p

Let me know if you find some bugs.

If you use 5 digits broker multiply MinPipsProfit, Ea_StopLoss and Ea_Trailing_Stop by 10.

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