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  • Reviews (9)
  • Comments (37)
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RSI pips

This Grid Expert Advisor is based on the Relative Strength Index indicator.

  • Sell signal: RSI upper boundary.
  • Buy signal: RSI lower boundary.


Recommendations

  • A standard trading account, a reliable computer with a stable interned connection or VPS.
  • Default are minimum settings.
  • No more than 8 running EAs on one trading account.


Settings

  • RiskPercent- risk percentage, true or false.
  • RiskBalance- risk as percent of account balance (1% 1000=0.01, 10000=0.1, depends on your trading account).
  • MinLot- initial deal volume. If RiskPercent is on, lot is calculated based on balance.
  • MaxLot- maximum deal volume for the grid. Step = 0 - when reached, start again from MinLots or RiskBalance.
  • LotMultiplier- lot multiplier after an unprofitable deal, or if Step is greater than 0, function for the grid of orders. (Martingale), 1 - disabled.
  • LotMultiplier2- lot multiplier after a profitable deal, if Step = 0. (Martingale), 1 - disabled.
  • Step- distance between orders in points if the price goes to an unprofitable direction, a new trade will be opened, 0 - disabled.
  • UseCommissionCorrection- commission, true/false.
  • DefaultCommission- commission per one lot (100 000).
  • StopLoss- stop loss for the first order only.
  • TakeProfit- take profit in points.
  • TrailingStop- fixed trailing stop; 0 - disabled, move a stop loss to breakeven.
  • TrailingStep- trailing stop step for following the price.
  • Modetickvalue- minimal price change of the instrument in deposit currency from the first deal, TakeProfit = 0 for all deals, true/false.
  • MaxSpread- allowed spread. If a spread is higher, the EA does not work, 0 - disabled.
  • NewBar- open and close deals on new bar, true/false. (StopLoss and TakeProfit not affected).
  • CloseSignal- close deals by signals.
  • TickVolume- uses 5 minute bar, if the Volumes indicator deviates at the open of a new bar, the EA will not open a trade, true/false. (StopLoss and TakeProfit not affected).
  • RSISELL- the upper boundary for selling.
  • RSIBUY- the lower boundary for buying.
  • RSIPeriod- indicator period.
  • RSIapply- apply to prices.
  • RSIViceVersa- true - normal signals, false - reverse signals: RSISELL - lower boundary, RSIBUY - upper boundary.
  • CloseTradesOnFriday- close deals on Friday, start trading on Monday: true/false.
  • FridayCloseGMTHour- close hour on Friday (GMT).
  • FridayCloseGMTMinute- close minute on Friday (GMT).
  • MondayStartGMTHour- open hour on Monday (GMT).
  • MondayStartGMTMinute- open minute on Monday (GMT).
  • Magic- each chart has its own magic number for deals.
  • InfoDisplay- show information on chart: true or false.
  • UseSound- a sound alert when a trade is opened: true or false.
DeadMoney
31
2017.03.07 11:14 
 

Awesome

Michiel Van Niekerk
183
2017.02.24 15:00 
 

Huge improvement with the latest upgrade. Will review again after some time.

philippe germain
305
2016.11.03 09:51 
 

Loser ea.

yrhikBober
10
2016.11.01 20:09 
 

Великолепно ! когда новая версия. с исправлениями ?

Paulo Buhrmann
132
2016.10.20 01:45 
 

User didn't leave any comment to the rating

Maksym Mudrakov
9682
2016.06.14 12:38 
 

User didn't leave any comment to the rating

425113
57
2016.06.07 14:41 
 

немножко настроить и будет вам профит.рискованно но четко.кого интересуют настройки пишите.

Izzatilla Ikramov
13020
2016.05.27 21:01 
 

User didn't leave any comment to the rating

mishelbb
63
2016.05.11 09:01 
 

Пятый день пашет...пока без нареканий,всё по графику...просадка,мартин...не льёт пока,ещё дней десять погоняю,если всё нормалёк - включу на реале...

Version 4.10 - 2017.03.07
Fixed an error with the LotMultiplier after a profitable trade.
Version 4.0 - 2017.02.24
Added functions:
RiskPercent - risk percentage, true or false.
MinLot - initial deal volume. If RiskPercent is on, lot is calculated based on balance.
MaxLot - maximum deal volume for the grid. Step = 0 - when reached, start again from MinLots or RiskBalance.
LotMultiplier - lot multiplier after an unprofitable deal, or if Step is greater than 0, function for the grid of orders. (Martingale), 1 - disabled.
LotMultiplier2 - lot multiplier after a profitable deal, if Step = 0. (Martingale), 1 - disabled.
UseCommissionCorrection - commission, true/false.
DefaultCommission - commission per one lot (100 000).
StopLoss - stop loss for the first order only.
TakeProfit - profit in points.
TrailingStop - fixed trailing stop; 0 - disabled, move a stop loss to breakeven.
TrailingStep - trailing stop step for for following the price.
Modetickvalue - minimal price change of the instrument in deposit currency from the first deal, TakeProfit = 0 for all deals, true/false.
MaxSpread - allowable spread. If a spread is higher, the EA does not work, 0 - disabled.
NewBar - open and close deals on new bar, true/false. (StopLoss and TakeProfit not affected).
CloseSignal - close deals by signals.
TickVolume - uses 5 minute bar, if the Volumes indicator deviates at the open of a new bar, the EA will not open a trade, true/false. (StopLoss and TakeProfit not affected).
Version 3.10 - 2017.01.16
Removed signal of the previous bar.
Added functions.
Step - distance between orders in points if the price goes to an unprofitable direction, a new trade will be opened.
RSIViceVersa - true normal signals, false - reverse signals. RSISELL - lower boundary, RSIBUY - upper boundary.
UseSound - a sound alert when a trade is opened: true or false.
InfoDisplay - show information on chart: true or false.

Removed functions:
RiskPercent - risk percentage, true or false.
MinLots - initial deal volume. If RiskPercent is on, lot is calculated based on balance.
MaxLots - maximum deal volume.
LotMultiplier - lot multiplier for the next deal (Martingale), 1 - disabled.
StopLoss - when a stop loss is triggered, a deal multiplied by LotMultiplier is opened.
TakeProfit - profit in points.
TrailingStop - fixed trailing stop; 0 - disabled, moves the stop loss to breakeven.
TrailingStep - trailing stop step, moves the stop loss following the price.
Slippage - acceptable slippage.
Version 3.0 - 2016.11.15
Added timer, the EA is updated in 1 ms.
Added functions:
RiskPercent - dynamic lot calculation true/false.
RiskBalance - risk % of balance (1% 1000=0.01, 10000=0.1)
RSIimeframe - indicator timeframe.
Error fixes.
Removed functions: MaxSpread, UseCommissionCorrection, DefaultCommission.
Version 2.0 - 2016.06.21
Updated the code and added new functions.