Koning bot

MQL5 Experts

Specification

//+------------------------------------------------------------------+
//| Simple EMA + RSI Bot for MT5 |
//+------------------------------------------------------------------+
#property strict

input double LotSize = 0.1;
input int StopLoss = 200; // in points
input int TakeProfit = 400; // in points

int ema50Handle;
int ema200Handle;
int rsiHandle;

//+------------------------------------------------------------------+
int OnInit()
{
   ema50Handle = iMA(_Symbol, PERIOD_CURRENT, 50, 0, MODE_EMA, PRICE_CLOSE);
   ema200Handle = iMA(_Symbol, PERIOD_CURRENT, 200, 0, MODE_EMA, PRICE_CLOSE);
   rsiHandle = iRSI(_Symbol, PERIOD_CURRENT, 14, PRICE_CLOSE);
   return(INIT_SUCCEEDED);
}
//+------------------------------------------------------------------+
void OnTick()
{
   double ema50[], ema200[], rsi[];

   CopyBuffer(ema50Handle, 0, 0, 2, ema50);
   CopyBuffer(ema200Handle, 0, 0, 2, ema200);
   CopyBuffer(rsiHandle, 0, 0, 2, rsi);

   double price = SymbolInfoDouble(_Symbol, SYMBOL_BID);

   // Check if there are open positions
   if (PositionsTotal() > 0) return;

   // BUY CONDITIONS
   if (ema50[0] > ema200[0] && rsi[0] < 40)
   {
      trade.Buy(LotSize, _Symbol, price,
                price - StopLoss * _Point,
                price + TakeProfit * _Point);
   }

   // SELL CONDITIONS
   if (ema50[0] < ema200[0] && rsi[0] > 60)
   {
      trade.Sell(LotSize, _Symbol, price,
                 price + StopLoss * _Point,
                 price - TakeProfit * _Point);
   }
}

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Project information

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30+ USD
Deadline
to 10 day(s)

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