EA with exit on RSI movement

 

Colud you please advice me,

I look code or help- I need exit from trade on opposite movement RSI against entry- example: entry on cross two ema and RSI up 75 and exit on RSI down 60 or 50???

look picture- entry red lines exit if recross RSI down on 50 or 60? depends on currrencies

Thx bj

Files:
example.jpg  76 kb
 

Thats not exit on RSI retrace. Thats exit on RSI being high. That is exiting way too soon. Try trading manually, you might learn when to exit.

 

Hi

another pictures-

Files:
example_3.jpg  183 kb
 

Hi

thx for answer,

is it possible write code for it?

it can be SL on RSI bellow 50 or 60,

it helps me elominates loss if tred reverse

thx

 

Hi brainjt,

It is not understandable concerning your rules to enter from your image.

And because of that I tried to code 2 EAs. Anyway you may see everything from inside the code.

Case #1.

You are entering if:

- RSI is crossing some level (above 70 for buy and below 30 for sell)

and

- one ema is above the other ema

(as confirmation of the trend)[/CODE]

----------------------

Case #2:

[CODE]You are entering if:

- one ema is crossing the other ema;

and

- RSI is above some level (above 70 for buy and below 30 for sell).

So it is completely different cases to enter.

---------------------

And you want to close the order on: sl, and tp, and ts, and on RSI.

So case #2 is MA_ExpertProfit_1 (attached).

Case #1 is MA_ExpertProfit_2 (attached).

If you need to code something differently so it is very easy to change it from inside the code.

 

HI NewDigital

thx, Ill study this EA

 

Hi

is it possible add code Case #1 is MA_ExpertProfit_2 in bago ea....

 

HI newdigital

my idea is based on EA bago method MikhailEA V2revised BE- very nice profit on 15 min - entry cross 5 and 8 ema and RSI bellow or up 25 resp. 75, if I give fixed SL 40 and TP 25 in trending market ist oh key, but after reverse trend - I want exit on RSI cca 5O, I note that this SL is more lower then fixed SL

i attach picture- sorry for my english and mistakes

vertical puprle line is entry on bago EA- fixed SL is horizontal gold line- 40 pips

aqua horisontal line is SL on RSI cross 5O- its more lower then fixed SL

Thx

Files:
explanation.gif  33 kb
 

Change

I tried modify bago ea - without success

 

example

entry is clear, after cross 5 and 8 EMA and RSI bellow 25- now need have SLif RSI cross up level 40 or 5O RSI, if not befeore TP or BE certainly

thx

Files:
exmaple.jpg  91 kb
 

results

results EA for 8.8.2007- if RSI SL on 50 level- maybe better,

sorry also EA AI and Phonix

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