Scalper EA

MQL5 Experts Forex

Specification

//+------------------------------------------------------------------+
//| Expert initialization function                                   |
//+------------------------------------------------------------------+
int rsiPeriod = 14;
int stopLoss = 50;
int takeProfit = 100;
//+------------------------------------------------------------------+
void OnInit()
  {
   // You could print or set things here
   Print("RSI Bot Initialized");
  }
//+------------------------------------------------------------------+
//| Expert tick function                                             |
//+------------------------------------------------------------------+
void OnTick()
  {
   double rsiCurrent = iRSI(Symbol(), PERIOD_CURRENT, rsiPeriod, PRICE_CLOSE, 0);
   double rsiPrevious = iRSI(Symbol(), PERIOD_CURRENT, rsiPeriod, PRICE_CLOSE, 1);
   double lotSize = 0.1;

   if (rsiCurrent < 30 && rsiPrevious > 30)
     {
      OpenBuyOrder(lotSize);
     }
   else if (rsiCurrent > 70 && rsiPrevious < 70)
     {
      OpenSellOrder(lotSize);
     }
  }
//+------------------------------------------------------------------+
//| Open buy order function                                          |
//+------------------------------------------------------------------+
void OpenBuyOrder(double lotSize)
  {
   double ask = MarketInfo(Symbol(), MODE_ASK);
   double sl = ask - stopLoss * Point;
   double tp = ask + takeProfit * Point;

   int ticket = OrderSend(Symbol(), OP_BUY, lotSize, ask, 3, sl, tp, "Buy Order", 0, 0, clrGreen);
   if (ticket < 0)
      Print("Buy order failed: ", GetLastError());
  }
//+------------------------------------------------------------------+
//| Open sell order function                                         |
//+------------------------------------------------------------------+
void OpenSellOrder(double lotSize)
  {
   double bid = MarketInfo(Symbol(), MODE_BID);
   double sl = bid + stopLoss * Point;
   double tp = bid - takeProfit * Point;

   int ticket = OrderSend(Symbol(), OP_SELL, lotSize, bid, 3, sl, tp, "Sell Order", 0, 0, clrRed);
   if (ticket < 0)
      Print("Sell order failed: ", GetLastError());
  }

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