Job finished
Execution time 8 days
Feedback from customer
He's good and fast. Even reponse in the weekend.
Feedback from employee
Best customer to work with.
Specification
Strategy Overview
The strategy uses the Relative Strength Index (RSI) to generate buy and sell signals based on specific conditions. The RSI is a momentum oscillator that measures the speed and change of price movements, typically used to identify overbought or oversold conditions in a market.
Key Parameters
- RSI_Period: The number of periods used to calculate the RSI.
- Overbought: The RSI level above which the market is considered overbought (default is 70).
- Oversold: The RSI level below which the market is considered oversold (default is 30).
- Middle: The middle level of the RSI, typically set at 50.
- Lot_Size: The size of the trade.
Trading Logic
-
Initialization:
- The RSI indicator is initialized and added to the chart.
- A dashboard is created to display relevant information real time.
-
OnTick Function:
- The RSI value is calculated on each tick.
- The current price is retrieved.
- The strategy checks if there are any open positions for the symbol.
- If there is an open position, it checks if the RSI has crossed the middle level to close the position:
- Close Buy/Sell Position: If the RSI is cross the middle level (50)
- If there are no open positions, it checks for new trade conditions:
- Sell Condition: If the RSI moves from below the overbought level to above it.
- Buy Condition: If the RSI moves from above the oversold level to below it.
-
Trade Execution:
- If the sell condition is met, a sell order is placed.
- If the buy condition is met, a buy order is placed.
- The previous RSI value is updated after each tick.
-
Dashboard Updates:
- The dashboard is updated with the EA Start Time, current EA running time, RSI value, total trades, total profit, and total loss.
Example Scenario
- Sell Signal: If the RSI moves from below 70 to above 70, indicating the market is overbought, a sell order is placed.
- Buy Signal: If the RSI moves from above 30 to below 30, indicating the market is oversold, a buy order is placed.
Additional Features
- Optimization Parameters: The code includes input parameters for optimization, allowing you to test different RSI periods and levels to find the best settings for your strategy.
- Performance Tracking: The code tracks total profit, total loss, and the number of trades, providing insights into the strategy’s performance.
This strategy aims to capitalize on market reversals by using the RSI to identify overbought and oversold conditions. If you have any specific questions or need further clarification on any part of the strategy, feel free to ask!
Responded
1
Rating
Projects
64
20%
Arbitration
11
27%
/
55%
Overdue
5
8%
Free
2
Rating
Projects
515
19%
Arbitration
35
46%
/
31%
Overdue
34
7%
Working
3
Rating
Projects
19
16%
Arbitration
3
67%
/
0%
Overdue
0
Free
4
Rating
Projects
39
23%
Arbitration
14
0%
/
93%
Overdue
4
10%
Free
5
Rating
Projects
35
46%
Arbitration
0
Overdue
0
Free
Published: 3 codes
6
Rating
Projects
4
25%
Arbitration
3
0%
/
100%
Overdue
0
Free
7
Rating
Projects
119
50%
Arbitration
4
50%
/
50%
Overdue
3
3%
Free
8
Rating
Projects
94
43%
Arbitration
4
0%
/
100%
Overdue
4
4%
Free
9
Rating
Projects
2
0%
Arbitration
5
0%
/
80%
Overdue
1
50%
Free
10
Rating
Projects
84
64%
Arbitration
5
100%
/
0%
Overdue
9
11%
Free
11
Rating
Projects
246
74%
Arbitration
7
100%
/
0%
Overdue
1
0%
Free
Published: 1 article
12
Rating
Projects
341
58%
Arbitration
7
14%
/
71%
Overdue
9
3%
Free
13
Rating
Projects
499
67%
Arbitration
5
40%
/
0%
Overdue
4
1%
Free
Published: 8 codes
14
Rating
Projects
744
56%
Arbitration
48
31%
/
31%
Overdue
120
16%
Free
Published: 1 code
15
Rating
Projects
22
36%
Arbitration
5
0%
/
100%
Overdue
4
18%
Free
16
Rating
Projects
1
0%
Arbitration
2
0%
/
100%
Overdue
0
Working
17
Rating
Projects
23
39%
Arbitration
4
25%
/
50%
Overdue
1
4%
Free
Published: 6 codes
18
Rating
Projects
1
0%
Arbitration
1
0%
/
100%
Overdue
0
Free
Similar orders
I need an experienced TradingView Pine Script developer to build and test a custom intraday strategy for NQ/MNQ . I am not looking for a conversion . I need the strategy researched, developed, tested, and optimized based on my requirements. Requirements: NQ/MNQ intraday trading 5–15 minute charts New York session only Flat before market close Base logic using Zero Lag Signals , with additional filters if justified
Le robot devra : Respecter strictement les règles de risque des comptes FTMO : perte journalière maximale, perte maximale totale, taille des positions, etc. Intégrer un système de gestion du risque automatique. Être capable de gérer différents types de comptes et tailles de capital. Être basé sur ma stratégie et mes règles de trading que je fournirai au développeur. Être entièrement automatisé pour l’exécution des
I am looking for an experienced MQL5 developer to build a professional MT5 Expert Advisor specifically for XAUUSD (Gold) and other indices. I saw that XAUUSD is one of your primary areas of specialization, so I would like to discuss a custom EA with you. My priority is NOT extremely high returns. I want a robust EA designed for controlled risk and long-term survival. Requirements: • MT5 / MQL5 • XAUUSD, usoil,btc and
VENOM EA
35 - 50 USD
So, im a beginner and I'm pleading you to built me a bot that runs 24hrs and that can buy and sell at the same time, choose a better and profitable strategy. I will do anything thing it takes to get the bot. I hope you take my request into consideration
Je cherche un développeur MQL4 / MQL5 expérimenté pour créer un robot de trading automatique (Expert Advisor) performant et sécurisé. Validation de comptes Prop Firm capable de trader sur le forex et les matière première
XAUUSD Digger
50 - 300 USD
I want you to create a strategy that fits for my funded account conditions like winrate of 60%+ with good risk reward ratio min 1:2 and max drawdown per day is 2% or 3% and overall should be less then 10% with less consecutive losses should be able to finish the funded stage in of phase 1 8% target and phase 2 of 10% target in a month with good number of trades in a month need journal of all the back tested data and
RSI-Based Forex Trading EA (MetaTrader 5)
30 - 200 USD
I need a simple Expert Advisor for MT5 that trades based on RSI overbought/oversold levels. - Entry: Buy when RSI(14) < 30, Sell when RSI(14) > 70 - Exit: Take Profit and Stop Loss as adjustable input parameters (default 50/25 pips) - Position sizing: Risk 1% of account balance per trade, auto-calculated from stop-loss distance - Timeframe and currency pair: adjustable inputs, not hardcoded - Should include basic
1. Trading Instruments: - The robot should trade exclusively on the following currency pairs: - NZD/CHF - NZD/USD - GBP/USD 2. Trading Style: - The robot should implement a day trading strategy, focusing on short-term trades. 3. Risk Management: - Maximum drawdown percentage: 10%. - Stop loss settings: Adjustable based on volatility (suggested default: 30 pips). - Take profit settings: Adjustable
I have an existing working MQL5 Expert Advisor and require an experienced MQL5 programmer/trading-system analyst to independently analyse its historical performance. This is NOT initially a request to rewrite the EA or simply optimize parameters. Current strategy: - MetaTrader 5 - M15 timeframe - EMA / ADX / ATR based - Approximately 1,337 historical trades - Gross Profit approximately USD 271,000 - Gross Loss
Gold robot
30 - 1000 USD
Hello everyone, I’m looking for a developer who has an algorithm in their arsenal that generates quick profits over the long term. I’m interested in a scalping expert advisor—it can be a one-shot, averaging, or grid strategy, with or without TP/SL. Please share your ideas and results; I’ll consider all options. The most important thing is the result. Good luck
Project information
Budget
50+ USD