RSI-Based EA With Martingale Option and Trailing Stop

MQL5 Experts

Specification

This EA is a: RSI-based grid trading system with good risk control. In simple terms, It buys when the market is oversold and sells when overbought using RSI If the trade goes into loss, it adds more positions at fixed intervals (grid) It does NOT aggressively increase lot sizes (low martingale effect, I should be able to set this) It locks in profit using trailing stops and a basket profit target. It cuts all trades if total loss exceeds a fixed limit. The EA attempts to profit from price reversals by combining RSI signals with grid entries, while controlling risk using a fixed loss cap and basket-level profit management.

I am clear on the parameters that should be built into the EA. I should be a test different values for optimization, that is, they should not be fixed. 

The Parameters include:

Lot size

Lots Martingale 

RSI Period

RSI Buy Level

RSI Sell Level

RSI Strong Buy

RSI Strong Sell

Buy Switch 

Sell Switch 

Distance Pips (Grid Distance)

Stop Loss Pips

Close Loss Amount (In account currency)

Trailing Start

Trailing Stop Pips

Trailing Step Pips

Trailing Money Target.

Etc.

These are most of the parameters, I can provide further clarity/explain anyone that is not clear to the developer. 





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