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Experts

SAR RSI MTS - expert for MetaTrader 5

Published by:
Vladimir Karputov
Views:
5082
Rating:
(17)
Published:
2018.03.01 11:55
SAR RSI MTS.mq5 (19.92 KB) view
Need a robot or indicator based on this code? Order it on Freelance Go to Freelance

The author of the ideaCollector, the author of the MQL5 code: barabashkakvn.

The rules of the trading system are as follows:

  • A signal to open BUY: SAR on bar 1 is less than the Close of bar 0, SAR on bar 1 is less than SAR on bar 0, RSI on bar 0 is greater than 50.0;
  • A signal to open SELL: SAR on bar 1 is greater than the Close of bar 0, SAR on bar 1 is greater than SAR on bar 0, RSI on bar 0 is less than 50.0;

Lot is calculated automatically based on the risk value as a percentage of free margin.

Condition to open a Sell position:

SAR RSI MTS Open Sell


Input Parameters

  • Stop Loss (in pips) - Stop Loss value;
  • Take Profit (in pips) - Take Profit value;
  • Trailing Stop (in pips) - trailing value;
  • Trailing Step (in pips) - trailing step value;
  • Risk in percent for a deal from a free margin - risk per trade as percentage of free margin.
  • Magic Number - unique identifier of the EA;
  • SAR: price increment step - acceleration factor - SAR indicator parameter;
  • SAR: maximum value of step - SAR indicator parameter;
  • RSI: averaging period - RSI indicator parameter;
  • RSI: type of price - RSI indicator parameter.

Example for SAR RSI MTS 2017.06.08 - 2017.10.26 GBPUSD,M30:

SAR RSI MTS GBPUSD,M30

Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/19940

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