Multi-Timeframe RSI Pullback EA with 1H 200 EMA Trend Filter for MT5

MQL5 Experts

Job finished

Execution time 9 days

Specification

Develop a fully automated Expert Advisor (EA) for MetaTrader 5 that enters trades based on RSI pullbacks from overbought/oversold zones, filtered by the 200 EMA trend direction on the 1-hour chart.

The EA will monitor two timeframes simultaneously:

· Higher Timeframe (1H): 200 EMA determines the overall trend direction (no trades against it)
· Trading Timeframe (user-selectable): RSI(14) generates entry signals

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2. Core Trading Logic

Trend Filter (1H Chart) RSI Condition (Trading TF) Entry
Price ABOVE 200 EMA (Uptrend) RSI crosses below 30, then crosses back above 30 BUY
Price BELOW 200 EMA (Downtrend) RSI crosses above 70, then crosses back below 70 SELL
Price crossing 200 EMA / EMA flat Any RSI signal NO TRADE

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Budget
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Deadline
from 1 to 2 day(s)