SMA/RSI Multi-Timeframe Trading EA with Positioning

Job finished

Execution time 5 days
Feedback from customer
Good developer,creative and hardworking.Its being an honour working with him

Specification

This is a high-risk, high-reward MT5 trading EA strategy that uses multi-timeframe analysis with SMA(50), RSI(10), and candlestick patterns to generate precise entries and scale positions. A Buy is triggered when the price is above SMA(50) on the 4H timeframe, below SMA(50) on the 30M timeframe, forms 3 White Soldiers on the 15M chart (candle IDs 3 < 2 < 1, all bullish), and RSI(10) on candle ID 4 is below 20. A Sell is triggered under the opposite conditions: price below SMA(50) on 4H, above SMA(50) on 30M, 3 Black Crows on 15M (IDs 3 > 2 > 1, all bearish), and RSI(10) on candle ID 4 above 80. Stop loss is set at the lowest (buy) or highest (sell) price of candles ID 1–3, and take profit is 5 times the SL (1:5 RR). The EA includes dynamic risk modes: Low (1%), Medium (3–5%), and High (full margin), with an option to move SL to breakeven after X pips profit. Position scaling is allowed using 5M confirmation: for buys, if there's an open buy in profit, 3 White Soldiers on 5M and RSI(10) < 20 triggers a new buy; for sells, the opposite conditions apply using 3 Black Crows and RSI(10) > 80. The EA allows more than two trades per signal, supports breakeven logic, and includes optional filters for trading time and news events.

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Project information

Budget
30+ USD
Deadline
to 3 day(s)