Experts: RSI MA EA
Hello,
looks good. Is the EA already in a real account?
Hello Brian. Thank you so much for the EA. I will be very grateful if you will please look into the warnings that are showing when you compile the EA in Meta Editor and resolve them. I am attaching an image of the warnings below.
Files:
MA-RSI-EA_warnings.PNG
16 kb
Yes, but not as problematic as not having a max spread variable but could use a retry count and error debug to be on the safe side.
Billrhys #:
Hello Brian. Thank you so much for the EA. I will be very grateful if you will please look into the warnings that are showing when you compile the EA in Meta Editor and resolve them. I am attaching an image of the warnings below.
Hello Brian. Thank you so much for the EA. I will be very grateful if you will please look into the warnings that are showing when you compile the EA in Meta Editor and resolve them. I am attaching an image of the warnings below.
//HERE =>
//+------------------------------------------------------------------+ #property copyright "Copyright © 2018, Brian Lillard" #property link "https://www.mql5.com/en/users/subgenius/seller" #property version "1.00" #property strict enum OptLot{Fixed=0,/*Fixed Lot*/Equity=1,/*% Equity*/Balance=2/*% Balance*/}; //+------------------------------------------------------------------+ input OptLot LotOption = Fixed; //Lot Value Mode input double LotSize = 0.01; //*Fixed Lot input double PercentOfBalance = 0.02; //*Percentage of Balance input double PercentOfEquity = 0.03; //*Percentage of Equity //+------------------------------------------------------------------+ input int FastMAperiod = 4; //MA Period input int FastMAshift = 0; //MA Shift input ENUM_MA_METHOD FastMAmethod = MODE_LWMA; //MA Method input ENUM_APPLIED_PRICE FastMAprice = PRICE_OPEN; //MA Price //+------------------------------------------------------------------+ input int RSIperiod = 4; input ENUM_APPLIED_PRICE RSIprice = PRICE_OPEN; input int RSIoverbought = 80; input int RSIoversold = 20; //+------------------------------------------------------------------+ input int Magic=1; //+------------------------------------------------------------------+ int intSellsOpen,intBuysOpen; double CumulativePL; //+------------------------------------------------------------------+ double dRSI(){return(iRSI(NULL,0,RSIperiod,RSIprice,0));} double dMA(){return(iMA(NULL,0,FastMAperiod,0,FastMAmethod,FastMAprice,0));} bool newCandle(){ static datetime nCandle; if(nCandle==Time[0]) return(false); nCandle=Time[0]; return(true); } //+------------------------------------------------------------------+ void LABEL(string sName,string sText,string sFont,int iFontSize,color cFontColor,int iCorner,int iX,int iY) { if(ObjectFind(sName)==-1){ ObjectCreate(sName,OBJ_LABEL,0,0,0); } else{ if(!IsTesting()){ ObjectDelete(sName);ObjectCreate(sName,OBJ_LABEL,0,0,0); } } ObjectSetText(sName,sText,iFontSize,sFont,cFontColor); ObjectSet(sName,OBJPROP_CORNER,iCorner); ObjectSet(sName,OBJPROP_XDISTANCE,iX); ObjectSet(sName,OBJPROP_YDISTANCE,iY); } //+------------------------------------------------------------------+ int OnInit(){ return(INIT_SUCCEEDED); } //+------------------------------------------------------------------+ void OnDeinit(const int reason) { HideTestIndicators(true); ObjectDelete("LABEL1"); ObjectDelete("LABEL2"); ObjectDelete("LABEL3"); } //+------------------------------------------------------------------+ bool OpenOrdersFound() { intSellsOpen=0; intBuysOpen=0; CumulativePL=0; int OrdersOT=OrdersTotal(); for(int X=0; X<OrdersOT; X++) { if(!OrderSelect(X,SELECT_BY_POS,MODE_TRADES) || OrderMagicNumber()!=1){continue;} if(OrderType()==OP_SELL){ intSellsOpen++; }else if(OrderType()==OP_BUY){ intBuysOpen++; } CumulativePL+=OrderProfit()+OrderCommission()+OrderSwap(); } if(intSellsOpen+intBuysOpen>0){ return(true); } return(false); } //+------------------------------------------------------------------+ double dNextLot() { double Lot=LotSize; if(LotOption==Equity){ Lot=PercentOfEquity*AccountEquity()/10000; } if(LotOption==Balance){ Lot=PercentOfBalance*AccountBalance()/10000; } if( Lot<NormalizeDouble(MarketInfo(NULL,MODE_MINLOT),2) ){ Lot=NormalizeDouble(MarketInfo(NULL,MODE_MINLOT),2); } if( Lot>NormalizeDouble(MarketInfo(NULL,MODE_MAXLOT),2) ){ Lot=NormalizeDouble(MarketInfo(NULL,MODE_MAXLOT),2); } return(Lot); } //+------------------------------------------------------------------+ void OnTick() { if(!newCandle()){return;} OpenOrdersFound(); if(CumulativePL>0){ CloseAll(); } if(dRSI()>=RSIoverbought && Open[0]<dMA()) { if (!OrderSend(NULL,OP_SELL,dNextLot(),NormalizeDouble(Ask,Digits),100,0,0,NULL,Magic,0,clrNONE)) { Print("BUY ORDER FAILED!"); } } else { if(dRSI()<=RSIoversold && Open[0]>dMA()) { if (!OrderSend(NULL,OP_BUY,dNextLot(),NormalizeDouble(Bid,Digits),100,0,0,NULL,Magic,0,clrNONE)) { Print("SELL ORDER FAILED!"); } } } LABEL("LABEL1","PROFIT & LOSS: "+DoubleToString(CumulativePL,2),"Arial",12,Orange,3,5,35); LABEL("LABEL2","EQUITY: "+DoubleToString(AccountEquity(),2),"Arial",12,Orange,3,5,20); LABEL("LABEL9","BALANCE: "+DoubleToString(AccountBalance(),2),"Arial",12,Orange,3,5,5); } //+------------------------------------------------------------------+ void CloseAll() { for(int OrdersOT=OrdersTotal()-1; OrdersOT>=0; OrdersOT--) { if(!OrderSelect(OrdersOT,SELECT_BY_POS,MODE_TRADES) || OrderMagicNumber()!=1){continue;} if (!OrderClose(OrderTicket(),OrderLots(),OrderClosePrice(),Magic,clrNONE)) { Print("CLOSE ORDER FAILED"); } } } //+------------------------------------------------------------------+
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RSI MA EA:
What I have is an EA working from 2000, but it is not optimized.
The EA works by Moving Average trend and RSI signals at overbought & oversold areas. It doesn't have targets but instead closes with soonest profits, so it's purpose is to always win.
V1 is tested and working on the following pairs & timeframes from 2000.01.01 - 2018.06.30 with tick data suite and 500.00:
V1 tends to have trades open for extended periods of time and on higher timeframes especially.
V2 manages volume and uses lots of margin so it means you need a high leverage to minimize drawdown.
Be sure to use low spread & commission and test with the best data as always.
The inputs include money management and indicator settings; the signals occur when the RSI is in overbought or oversold and price has moved above or below moving average price.
Author: Brian Lillard