1. The idea of the trading system is as follows: market entries are performed when RSI and T3 indicator provide a signal
2. Trading Signals:
Any of the RSI indicator lights needs to be red
T3 should show a red dot
Any of the RSI indicator lights needs to be green
T3 should show a green dot
3. Money management
Fixed Lot option
Option to set a lot simply dividing the balance by 1000 (as with the attached Km_Trend_EA).
4. Positions are closed at opposite T3 signal
Please take into account:
T3 is a repainting indicator. It should help provide the signal when it shows initially and no action should be taken if it removes later, just leave the trade on. As well, if a current buy or sell trade is opened and a repainting signal is given in the same color as the previous one (which opened the current trade) than no signal should be given
Although the RSI is on multiple timeframes this EA needs to be applied on any timeframe. Example if applied on M5 and the RSI M15 signal is green and the T3 dot is green a trade should be opened on M5.