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
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.
- 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 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
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
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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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