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Trade on qualified RSI.mq5 (25 KB) view

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Author of the idea — John Smith, author of the MQL5 code — barabashkakvn.

A trade strategy based on the RSI indicator. Checks if there is enough money before opening a position.

Initial check:

Confirmation of opening:

Position modification: uses the close price of the bar "1" as the basic value.

The EA shows the following results on H1 with default parameters:

‌ Trade on qualified RSI result

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/17849

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Trade on qualified RSI - expert for MetaTrader 5