RRS Impulse Plus

RRS Impulse Plus EA is an advanced version of RRS Impulse EA. This upgraded version provides more flexibility with several new options. The EA scalps using the Relative Strength Index (RSI), Stochastic Oscillator, Moving Average (MA), and Bollinger Bands indicators to identify trend and counter-trend opportunities. As a multi-pair EA, it scans multiple currency pairs for signals.

This EA includes various features such as Trailing, Risk Management, Money Management, Restriction Mode, and more. With the right settings, it has the potential to generate significant profits.

Signal Descriptions:

Indicator BUY SELL
RSI Trend: When RSI touches the overbought line.
CounterTrend: When RSI touches the oversold line.		 Trend: When RSI touches the oversold line.
CounterTrend: When RSI touches the overbought line.
Stochastic Trend: When both the Main & Signal lines touch the overbought level.
CounterTrend: When both the Main & Signal lines touch the oversold level.		 Trend: When both the Main & Signal lines touch the oversold level.
CounterTrend: When both the Main & Signal lines touch the overbought level.
Bollinger Bands Trend: When the current market price touches the Bollinger Bands' resistance line (Upper Band).
CounterTrend: When the current market price touches the Bollinger Bands' Support line (Lower Band).		 Trend: When the current market price touches the Bollinger Bands' Support line (Lower Band).
CounterTrend: When the current market price touches the Bollinger Bands' resistance line (Upper Band).
Moving Average Trend/CounterTrend: When the current market price is above the Moving Average. Trend/CounterTrend: When the current market price is below the Moving Average.

Signal Scenarios (Inverse : False)

RSI Stochastic Bollinger Bands Moving Average Signal
Above Above Above Below CounterTrend Sell ✅
Below Below Below Above CounterTrend Buy  ✅
Above Above Above Above Trend Buy ✅
Below Below Below Below Trend Sell ✅

Signal Scenarios (Inverse : True)

RSI Stochastic Bollinger Bands Moving Average Signal
Above Above Above Below CounterTrend Buy ✅
Below Below Below Above CounterTrend Sell ✅
Above Above Above Above Trend Sell ✅
Below Below Below Below Trend Buy ✅

Variable Descriptions:

Variable Values Description
RSI, Stochastic, Bollinger Bands, Moving Average Bool (True/False) RSI: Enable to use the RSI indicator for market analysis and trade execution.
Stochastic: Enable to use the Stochastic indicator for market analysis and trade execution.
Bollinger Bands: Enable to use the Bollinger Bands indicator for market analysis and trade execution.
Moving Average: Enable to use the Moving Average indicator for market analysis and trade execution.

You can enable multiple indicators together. At least one indicator must be enabled for EA operation.
Timeframe M1, M5, M15, M30, H1, H4, D1 Bool (True/False)
TradeDirection Trend, CounterTrend Trend: Opens trades in the direction of the trend (e.g., if RSI touches the overbought line, it takes a buy trade; if RSI touches the oversold line, it takes a sell trade).
CounterTrend: Trades against the trend, waiting for a trend reversal (e.g., if RSI touches the overbought line, it takes a sell trade; if RSI touches the oversold line, it takes a buy trade).
SignalStrength SingleTF, MultiTF SingleTF: The EA checks timeframes one by one. For example, if RSI and Bollinger Bands are enabled and the selected timeframes are M1 & M15, the EA will first check signals for both indicators on M1, then on M15, and open a trade if any condition is met.
MultiTF: The EA checks all selected timeframes together. For example, if RSI and Stochastic are enabled with timeframes M1, M5 & M15, the EA will confirm signals across all timeframes simultaneously before executing a trade.

SingleTF follows OR logic, while MultiTF follows AND logic for timeframes.
 Inverse  Bool True/false By using Inverse Mode, it will reverse the order type. This means a buy trade will become a sell trade, and a sell trade will become a buy trade.
LotMode Random_Lot, Lot_Percentage Random Lot: Trades with a random lot size between minLot_Size and maxLot_Size .
Lot_Percentage: Trades based on the risk percentage per trade and ensures that the lot size does not go below minLot_Size or exceed maxLot_Size .

If you want to use a fixed lot size, set minLot_Size and maxLot_Size to the same value.
StopLoss_Type  Virtual_SL, Classic_SL Virtual SL: The EA will close the trade when your specified stop loss is reached, but the stop loss level will not be visible to the broker’s server (remains on your local PC).
Classic SL: The EA will place a visible stop loss that reflects on the broker’s server.

This feature is useful if your broker does not support hyperactive EAs, has a limit on modification quotas per day, or if you suspect your broker is hunting your stop loss.
StopLoss Int Value Set your Stop Loss value in points/pips. Set 0 to disable Stop Loss.
TakeProfit_Type  Virtual_TP, Classic_TP  Virtual TP: The take profit level is not visible to the broker’s server.
Classic TP: The take profit level is visible to the broker’s server.
TakeProfit Int Value Set your Take Profit value in points/pips. Set 0 to disable Take Profit.
 Trailing_Type Classic_Trailing, Virtual_Trailing Virtual Trailing: The trailing stop loss is hidden from the broker’s server (remains on your local PC).
Classic Trailing: A visible trailing stop loss is placed and reflects on the broker’s server.
Note: This feature is useful if your broker does not support hyperactive EAs, has modification limits per day, or if you suspect stop-loss hunting.
Recommendation: Martingale relies on strict calculations, so it's better to use Classic Trailing.
Trailing_Start Int Value (Points/Pips) Number of pips from the open trade price at which trailing should begin. Set 0 to disable trailing.
Trailing_Gap Int Value (Points/Pips) Set the gap (in pips) between the market price and the trailing stop loss. Set 0 to disable trailing.
CandleExit  Int Value Once the trade is opened, after X number of candles from the opened trade, it will close the trade. Set 0 to disable Candle Exit.

Risk Management:

Variable Values Description
RiskManagement_Action StopEA, CloseAndContinue StopEA: If the negative floating loss reaches Money_In_Risk , all trades are closed, and the EA stops trading (requires manual restart).
CloseAndContinue: If the negative floating loss reaches Money_In_Risk , all trades are closed, but the EA continues trading.
Risk_In_Money_Type FixedMoney, BalancePercentage FixedMoney: Closes trades when the floating loss reaches a set monetary value.
BalancePercentage: Calculates risk based on the account balance and closes trades when the defined percentage loss is reached.
Money_In_Risk Int Value If Risk_In_Money_Type is FixedMoney, enter the maximum money you can afford to lose. If BalancePercentage, the EA will calculate the value based on your account balance.

Money Management:

Variable Values Description
MoneyManagement_Action Stop_EA, Close_And_Continue Stop_EA: When equity reaches Target_Revenue , all trades close, and the EA stops (manual restart required).
Close_And_Continue: When equity reaches Target_Revenue , all trades close, and the EA continues trading.
MoneyManagement_Type Fixed_Money, Balance_Percentage Fixed_Money: Closes trades when equity reaches a set amount.
Balance_Percentage: Closes trades when a certain percentage of the account balance is reached.
Target_Revenue Int Value If MoneyManagement_Type is Fixed_Money, enter the target equity value. If Balance_Percentage, the EA will calculate the value based on your account balance.

Restriction Mode:

Variable Values Description
Max_Spread Int Value (Points/Pips) Maximum spread allowed for trade execution. The EA will wait if the spread exceeds this value.
Slippage Int Value (Points/Pips) Maximum allowed slippage for trade execution.
MaxOpenTrade Int Value Maximum number of open trades allowed at a time.
TradeMode Bool (True/False) True: The EA can open new trades.
False: The EA will not open new trades but will manage existing ones.

News Management:

Variable Values Description
NewsManagement NewsDeactivated, HighImpactNews, ImportantNews NewsDeactivated: No news filter applied.
HighImpactNews: Filters out high-impact news events.
ImportantNews: Only filters out important news events listed in Important_News .
BeforeNews_Minutes Int Value (Minutes) Time before news events when trading should pause. (e.g., 120 for 2 hours)
AfterNews_Minutes Int Value (Minutes) Time after news events when trading should pause. (e.g., 180 for 3 hours)
News_CutLoss Int Value If a trade has a floating loss equal to or worse than this value during news time, it will be closed.
News_ReCheckMinutes Int Value Frequency at which the EA should update news data from ForexFactory.
Important_News String Value List of important news events that should pause trading (comma-separated).

Currency Selection:

Variable Values Description
Trade_Currencies String Value List of currency symbols (not pairs) that the EA should analyze and trade (comma-separated).

Important Notes:

  1. Enable web requests in MT4/MT5:

    • Navigate to Tools → Options → Expert Advisor → Allow Web Request, then add:
      http://nfs.faireconomy.media/

    • (This service is provided by ForexFactory and retrieves news data from their platform.)

  2. Recommended Testing:

    • It is highly recommended to test this EA on a demo account for at least 45 days before using it on a real account.

Please share your experience, feedback, and trading reports.

Good Luck & Happy Trading! 🚀






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