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Published:

2017.03.02 12:12

MQL5_Wizard_MA_RSI.mq5 (16.01 KB) view

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The "MQL5 Wizard MA RSI" Expert Advisor has been generated using the MQL5 Wizard based on the signals of the trend MA (Moving Average) indicator and of the RSI (Relative Strength Index) oscillator.

The Expert Advisor only works at moment of new bar emergence:

//--- inputs for expert
input string             Expert_Title         ="MQL5 Wizard MA RSI"; // Document name
ulong                    Expert_MagicNumber   =26774;                //
bool                     Expert_EveryTick     =false;

Входные параметры:

Variable	Value	Disclaimer
Signal threshold value to open [0...100]	55	A threshold value to open a position. It can take on values from 0 to 100.
Signal threshold value to close [0...100]	100	A threshold value to close a position. It can take on values from 0 to 100.
Price level to execute a deal	0.0	Distance from the current price. If 0 - open at the current price, if -xx - pending Stop orders will be placed, if +xx - pending Limit orders will be placed.
Stop Loss level (in points)	50.0	The price level for Stop Loss
Take Profit level (in points)	50.0	The price level for Take Profit
Expiration of pending orders (in bars)	4	Pending order lifetime (in bars)
Moving Average Period of averaging	20	MA — averaging period
Moving Average Time shift	3	MA — horizontal shift of the indicator
Moving Average Method of averaging	MODE_SMA	MA — type of smoothing
Moving Average Prices series	PRICE_CLOSE	MA — price type
Moving Average Weight [0...1.0]	0.8	Weight of MA signals
Relative Strength Index Period of calculation	3	RSI — period of averaging
Relative Strength Index Prices series	PRICE_CLOSE	RSI — price type
Relative Strength Index Weight [0...1.0]	0.5	Weight of RSI signals

Testing results on EURUSD, M15 from 2016.01.06 to 2017.01.27, initial deposit 3,000:

MQL5 Wizard MA RSI tester

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/17489

Polish Layer

The Expert Advisor is based on the following indicators: RSI, WPR, Stochastic, Moving Average, deMarker

TriXCandleKeltner

The TriX indicator in a candlestick form with the Keltner channel calculated relative to TriX averaging.

Backbone

The Expert Advisor idea is based on the constant change of trade direction depending on the TakeProfit, StopLoss and TrailingStop levels.

Statistical characteristics

The indicator shows the statistical characteristics of bars: the mean value, variance, skewness and kurtosis

MQL5 Wizard MA RSI - expert for MetaTrader 5