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Creation of Correlation/Average Price EA with 2 currency pairs and 2 RSI indicators.

MQL4 Experts Strategy optimization Strategy modules

Specification

Creation of Correlation/Average Price EA with 2 currency pairs and 2 RSI indicators.


System Idea: Use 2 currency pairs with RSI

A) Example of Manual configuration and options:

1st CURRENCY or ASSET PAIR - EURUSD: Option: (Buy x Sell)
- RSI for this same Currency/Asset Pair and Option parameters (70x30 for example)

2nd CURRENCY or ASSET PAIR - USDCAD: Option: (Buy x Sell)
- RSI for this same Currency/Asset Pair and Option parameters (70x30 for example)

OPENING AND CLOSING CONDITIONS OF EA OPERATIONS REACHING AVERAGE PRICE:

EXAMPLE: WITH RSI 70x30 (this option can be configured manually: 90x10; 80x20, etc...)

A) EA will open trade when the price of the 1st Currency Pair is above RSI 70 and the price of the 2nd Currency Pair is below RSI 30.
B) EA will open trade when the price of the 1st Currency Pair is below RSI 30 and the price of the 2nd Currency Pair is above the RSI 70.
C) EA WILL OPEN A NEW RECOVERY ORDER (MARTINGALE) AFTER A CERTAIN DISTANCE IN "POINTS OR $);
C.1- EA will close the trade when the price reaches the configured profit/profit (Average price) or STOP PLOSS or

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Project information

Budget
30 - 50 USD
Deadline
from 3 to 7 day(s)