Price Action + Indicator Confirmation

MQL5 Experts

Specification

Combine basic price action support/resistance with indicator confirmation for robust entries.

Indicators Used:

  • RSI(14) – confirm momentum

  • MACD(12,26,9) – confirm trend

  • Optional: EMA(50) as trend filter

Logic:

  • Buy Conditions:

    1. Price reacts from support (recent lows)

    2. RSI rising from below 50

    3. MACD histogram turns positive

  • Sell Conditions:

    1. Price reacts from resistance (recent highs)

    2. RSI falling from above 50

    3. MACD histogram turns negative

Risk Management:

  • ATR-based SL/TP

  • Spread filter included


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Published: 2 codes
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Project information

Budget
30+ USD
Deadline
from 1 day(s)