Ma rsi macd ea

DAO_MA_RSI_MACD_EA is an automated trading system for MetaTrader 5 that combines three popular technical indicators: Moving Average (MA), Relative Strength Index (RSI), and Moving Average Convergence Divergence (MACD). This Expert Advisor is designed to trade in the direction of the trend while filtering out weak signals using RSI and MACD for confirmation.

Strategy Logic:

• Moving Average (MA): Determines the main trend direction. Buy signals are considered when the price is above the MA, and sell signals when below.

• RSI Filter: Helps avoid overbought and oversold conditions. Buy signals are only considered when RSI is below a configurable level (e.g., <70), and sell signals when RSI is above a configurable level (e.g., >30).

• MACD Filter: Confirms momentum. A buy signal is valid if the MACD line is above the signal line, and a sell signal is valid if the MACD line is below the signal line.

Features:

• Configurable MA period, RSI period/level, and MACD parameters

• Lot size, Stop Loss, and Take Profit settings

• Optional long and short trade permissions

• One trade per signal with optional position closing on opposite signals

This EA is optimized for trend-following strategies and can be used on multiple currency pairs and timeframes.