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Published:

12 May 2025, 08:11

Updated:

26 October 2025, 06:55

RSI EA.mq5 (28.83 KB) view

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Trading Strategy:

RSI-based mean reversion strategy
Configurable overbought (default 80) and oversold (default 20) thresholds
Automatic signal detection on RSI crossing threshold levels
Exits positions when opposite signal appears

Risk Management:

Fixed or percentage-based position sizing
Risk calculation based on Balance, Equity, or Free Margin
Configurable lot size limits (min/max)
Maximum concurrent positions control

Stop Loss & Take Profit:

Fixed SL/TP in points
Dynamic SL/TP based on ATR volatility
Adjustable volatility multipliers for SL and TP
Optional disable (set to 0)

Advanced Features:

Scale-Out: Partial profit taking at configurable volatility levels
Session Filter: Trade only during specified hours (broker time)
Volatility-based sizing: ATR-based dynamic position management
Slippage and spread control

Configuration:

Magic number for multi-EA compatibility
Custom trade comments
Fully optimizable parameters
Built-in optimization score (Profit/Drawdown ratio)

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All indicators required by BBMA Strategy in a single indicator.

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Function for converting the number of seconds to years, months, days, hours, minutes, seconds

It is taken into account that there are 30 days in a month, 365 days in a year The script demonstrates the counter of time until the beginning of the new year

RSI Ea MT5 - expert for MetaTrader 5