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Experts

Builov RSI Pro - Strategy EA - expert for MetaTrader 5

Aleksandr Builov
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304
Rating:
(1)
Published:
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RSIConcept

Builov RSI Pro is an automated trading system based on the RSI (Relative Strength Index) with additional filters to improve signal quality and reduce false entries.

Strategy Foundation

RSI Indicator

  • Uses smoothed RSI (RSI Custom Smoothing 2)
  • Period: configurable (default: 14)
  • Key levels:
  • Oversold: 35
  • Overbought: 65

Entry Logic

Buy Signal:
  • RSI crosses above 35 (from below)
  • Exits oversold zone
  • Optional momentum confirmation
Sell Signal:
  • RSI crosses below 65 (from above)
  • Exits overbought zone
  • Optional momentum confirmation

Protection System

1. Spread Filter

  • Blocks trades when spread is too wide
  • Configurable maximum (default: 30 pips)
  • Reduces risk in unfavorable market conditions

2. Momentum Filter

  • Requires confirmation of RSI direction
  • Minimum change: 0.5 points
  • Improves signal quality and reduces false signals

Risk Management

  • Trailing Stop: automatically moves Stop Loss in profit
  • Lot Management:
  • Fixed lot size
  • Minimum lot size
  • Risk percentage from deposit
  • Stop Loss and Take Profit: configurable levels

Additional Features

  • Single Position: limits number of simultaneous positions
  • Close Opposite: automatically closes opposite positions
  • Reverse Signals: option to trade in reverse direction
  • Signal Frequency: configurable frequency for signal search

Advantages

  • Fully automated trading
  • Additional filters for improved signal quality
  • Flexible risk management
  • Customizable parameters for different trading styles
Author: Aleksandr Builov Version: 1.00 Platform: MetaTrader 5
The strategy is designed for automated trading based on technical analysis of the RSI indicator with additional filters to improve the effectiveness of trading signals.


Input_Struct Input_Struct

Structure of input parameters

Simple_Pending_Orders_Time Simple_Pending_Orders_Time

The Expert Advisor works with pending orders Buy Stop and Sell Stop according to the time specified in its input parameters.

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The indicator is written by request on the forum.

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