Specification
//+------------------------------------------------------------------+
//| EMA + RSI Forex Robot (Safe for $5 Cent Account) |
//| Created by ChatGPT |
//+------------------------------------------------------------------+
#property strict
input int EMA_Fast = 50;
input int EMA_Slow = 200;
input int RSI_Period = 14;
input double LotSize = 0.01;
input int StopLoss = 30; // in pips
input int TakeProfit = 60; // in pips
input int Slippage = 3;
int ticket;
//+------------------------------------------------------------------+
int OnInit()
{
return(INIT_SUCCEEDED);
}
//+------------------------------------------------------------------+
void OnTick()
{
//--- Check if a trade already exists
if(OrdersTotal() > 0) return;
//--- Indicators
double emaFast = iMA(NULL,0,EMA_Fast,0,MODE_EMA,PRICE_CLOSE,0);
double emaSlow = iMA(NULL,0,EMA_Slow,0,MODE_EMA,PRICE_CLOSE,0);
double rsi = iRSI(NULL,0,RSI_Period,PRICE_CLOSE,0);
//--- Price
double ask = NormalizeDouble(Ask,Digits);
double bid = NormalizeDouble(Bid,Digits);
//--- StopLoss/TakeProfit levels
double sl,tp;
//--- BUY Condition: Uptrend + RSI > 50
if(emaFast > emaSlow && rsi > 50)
{
sl = bid - StopLoss * Point * 10;
tp = bid + TakeProfit * Point * 10;
ticket = OrderSend(Symbol(),OP_BUY,LotSize,ask,Slippage,sl,tp,"EMA+RSI BUY",0,0,clrGreen);
}
//--- SELL Condition: Downtrend + RSI < 50
if(emaFast < emaSlow && rsi < 50)
{
sl = ask + StopLoss * Point * 10;
tp = ask - TakeProfit * Point * 10;
ticket = OrderSend(Symbol(),OP_SELL,LotSize,bid,Slippage,sl,tp,"EMA+RSI SELL",0,0,clrRed);
}
}
//+------------------------------------------------------------------+
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