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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Stefano Frisetti
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*Beware of SCAMS! SCIPIO GOLD BOT is distributed exclusively via MQL5.com* + BACKTEST: We recommend running it on GOLD with these settings: Timeframe: M15 or M30 / SL = 160 / TRAIL = 240 / the rest = 0 or OFF. This is not a mass-market bot but a professional-grade tool; distribution is strictly limited to 100 copies, and the price is subject to increase without notice. SCIPIO VELOX is an advanced quantitative trading bot developed for 100% automated operation on MT4 and MT5 platforms. No manual
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