BestEA100

Key Features of This Selling EA:

  1. Technical Indicators:

    • Uses Moving Average (SMA) to determine trend direction

    • Uses RSI to identify overbought conditions

  2. Sell Conditions:

    • Price is below the Moving Average (downtrend)

    • RSI is above the specified level (overbought condition)

  3. Risk Management:

    • Configurable Stop Loss and Take Profit

    • Fixed lot size (can be modified to use risk percentage)

  4. Order Management:

    • Only one position at a time

    • Proper error handling

  5. Customization Options:

    • Adjustable parameters via input variables

    • Magic number for identification

    • Slippage control

How to Use:

  1. Attach to any chart in MetaTrader 5

  2. Adjust parameters according to your strategy:

    • LotSize: Position size

    • StopLoss/TakeProfit: Risk management

    • MovingAveragePeriod: Trend sensitivity

    • RSI parameters: Overbought threshold

  3. The EA will automatically check for sell conditions on each tick

You can enhance this EA by adding more sophisticated entry conditions, money management rules, or trailing stops. Would you like me to modify any specific aspect of this EA?


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Burcuhan Bayulken
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TC42 Fibo Bot EA TC42 Fibo Bot EA is an advanced algorithmic trading system that combines Fibonacci retracement and extension logic with wave structure, market adaptation, risk control, session filtering and automated trade management. This Expert Advisor goes beyond the classic “one signal, one order” approach. It first analyzes impulse waves formed by the market, then evaluates trading opportunities according to the selected Fibonacci levels. Entry, stop loss, take profit, risk and post-entry
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