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The RSI function is broke, or at least the author has described its function incorrectly. It seems to be more of a volatility trigger, based off relative strength, but reacting ontick, rather than candle close.
Still digging as time allows; athough the author could help clear things up, nudge-nudge ;)
Is there version for mt5 for this ea?
hi,
nice EA and good strategy, but may i ask what's the point of update TICKVALUE using GET_TICKVALUE() function?
Good EA! I am running it on Gold and in few days gained 20% , but there is a problem: Lot is 0.01, but it opens with 0.04. I checked on Mql4 , but I don't find any error about lot. May you help me? Thank you in advance.
lot size is calculated based on your account balance . If you set lot 0.01 from balance 10.000 usd then if your account balance is 40.000 usd , EA will open 0.04 lot .
So you can downsize the lot by input 0.01 lot from balance 40.000 then it opens order of 0.01