First of all both EA and Indi is not mine got it from internet.
Need EA expert to modify the EA to open the order based on in RSI arrow,
eg : if 1st arrow "up" open buy if TP not hit then open another buy at 2nd arrow and still not hit open buy at 3rd arrow and continue.. until max order reach or TP hit.. 1st order size, 2nd order size ,3rd order size.... based on EA setting
for sell just reversed the order...
now EA open based on iclose ( if I not mistaken) and open 2nd order base on step ( eg :20)
just look at the RSI indicator arrow .. put your MT4 to the smallest screen so that you can see the big picture, time frame is good for all but i prefer tf30minute,
the concept is just like martingle + RSI divergence.
hope somebody can help.
p/s ; sorry for bad english
Hi to all.
I have tested some strategy for a while and I am quite satisfied. This is a simple martingale system which opens a position when RSI is greater then 80 or less than 20 with TP=10 pips. But if the market price goes to the opposite direction for 10 pips, then I open another position in the same direction as the first one.
RSI<20 and Price=1.4150
1. Buy 0.01 @1.4150 TP 1.4160
If Price goes down for 10 pips then
2. Buy 0.02 @1.4140 TP 1.4150 and modify the first TP also at 1.4150
If Price goes down for another 10 pips then
3. Buy 0.04 @1.4130 TP 1.4140 and modify previous TPs at 1.4140
and so on
The same thing is when RSI>80 but with Sell instead Buy
Can someone help me to make EA?
PS Sorry for my english
Expert Martingle Rsi
this martingle RSI expert
i want to modify.. order is 0.1 <0.2<0.3<0.4<0.5<0.6....
but the ea 0.1,0.2<0.4<0.8<1.6
How can i modify that? or Do u have any another ea?
Here you go...
If TypeIncreaseLot=1, lot increase 1-2-4-8-16
If TypeIncreaseLot=2, lot increase 1-2-3-4-5
hi how to use this ea can u explin me plz
what is the meaning of "step"
and plz add trilingstop and mm for every 100$ 0.01 like that
exmpl 100 for 0.01 or 0.02