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An EA hedging strategy based on RSI +

MQL5 Experts

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Execution time 2 days
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Specification

I want to create an EA hedging strategy with RSI + SMA base on RSI:

Open Buy:

RSI (Shift 3) < SMA_RSI (Shift 3) and  RSI (Shift 2) > SMA_RSI (Shift 2) and  RSI (Shift 1) > SMA_RSI (Shift 1)

Open Sell:

RSI (Shift 3) > SMA_RSI (Shift 3) and  RSI (Shift 2) < SMA_RSI (Shift 2) and  RSI (Shift 1) < SMA_RSI (Shift 1)

Open Hedge Sell:

- Buy on available and Current price loss (<) variable level pip (ex: 250 pip or 200 pip ==> Calculated form the entry price of the buy order)

- Close Hedge Sell when current price return overcome variable level pip

Open Hedge buy

- Buy on available and Current price loss (>) variable level pip (ex: 250 pip or 200 pip ==> Calculated form the entry price of the buy order)

- Close Hedge Buy when current price return  pass down variable level pip

Close all order:

-  when RSI (Shift 2) > SMA_RSI (Shift 2) and  RSI (Shift 1) < SMA_RSI (Shift 1)

- Or  RSI (Shift 2) < SMA_RSI (Shift 2) and  RSI (Shift 1) > SMA_RSI (Shift 1)

Money management: Custom (Martingale or not)

Lot size: custom

RSI period: custom

variable level pip: custom

Files:

TXT
EA_RSI.txt
1.1 Kb

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Project information

Budget
30 - 40 USD
For the developer
27 - 36 USD
Deadline
to 10 day(s)