PrecisionEdge

PrecisionEdge EA — RSI and Stochastic Confluence System for MT5

PrecisionEdge EA is an automated Expert Advisor for MetaTrader 5. It uses two technical indicators — the Relative Strength Index (RSI) and the Stochastic Oscillator — to determine entry conditions. A trade is placed only when both indicators generate a signal at the same time on a new bar close.

Entry Logic

A buy order is placed when the RSI crosses upward out of the oversold level and the Stochastic %K line crosses above the %D line within the oversold zone. A sell order is placed when the RSI crosses downward out of the overbought level and the Stochastic %K line crosses below the %D line within the overbought zone. Only one position per symbol is allowed at any time.

Features

  • Entry requires confirmation from both RSI and Stochastic at the same bar close
  • Take profit is set directly on the order in pips
  • A global stop loss in USD closes all positions when total floating loss reaches the defined threshold
  • Free margin is checked before each entry using the CheckMoneyForTrade function
  • Lot size is validated and normalized against broker volume rules before order placement
  • An information panel on the chart displays current RSI value, Stochastic value, EA status, open profit or loss, take profit setting, and stop loss setting
  • The EA detects pip size automatically and is compatible with both 4-digit and 5-digit brokers

Input Parameters

  • Starting Lot Size — trade volume per order, normalized to broker specifications automatically
  • Take Profit (Pips) — distance in pips for the take profit level placed on each order
  • Global Stop Loss (USD) — total floating loss in USD at which all open positions are closed
  • RSI Period — number of bars used in RSI calculation (default: 14)
  • RSI Overbought Threshold — RSI level considered overbought (default: 70)
  • RSI Oversold Threshold — RSI level considered oversold (default: 30)
  • Stochastic %K Period — fast line period for the Stochastic Oscillator (default: 5)
  • Stochastic %D Period — slow line period for the Stochastic Oscillator (default: 3)
  • Stochastic Slowing — smoothing value for the Stochastic Oscillator (default: 3)
  • Stochastic Overbought Threshold — Stochastic level considered overbought (default: 80)
  • Stochastic Oversold Threshold — Stochastic level considered oversold (default: 20)
  • Magic Number — unique identifier assigned to orders placed by this EA
  • Max Slippage — maximum permitted slippage in points
  • Show Dashboard — enables or disables the on-chart information panel
  • Panel Corner — selects which corner of the chart the panel appears in
  • Panel X and Y Offset — adjusts the panel position on the chart

Recommended Use

  • Symbols: EURUSD, GBPUSD, USDJPY, XAUUSD
  • Timeframes: H1, H4
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Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Launch offer: 30% off until 26th July   — to celebrate the v2.00 release, Impulse is available at a 30% discount. On 26th July the price reverts to $499, so grab it while the offer lasts. Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and elevates
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Adam Hrncir
4.88 (42)
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Scalper speed with sniper entries. Built for Gold. Wave Rider 5.0 is out (see  Announcement ) $499 for a limited time  before the regular $599 price kicks in. Check the Live signal  or Manual  or  Broker performance Version 5.0 upgrade notice: Close all Wave Rider positions before updating. Strategy Magic Numbers and several input names changed. Review your settings and save a new preset because older sets or templates may not restore every option. New version runs best on VT Markets, Vantage, B
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MQL TOOLS SL
4.3 (111)
Experts
The XG Gold Robot MT5 is specially designed for Gold. We decided to include this EA in our offering after extensive testing . XG Gold Robot and works perfectly with the XAUUSD, GOLD, XAUEUR pairs. XG Gold Robot has been created for all traders who like to Trade in Gold and includes additional a function that displays weekly Gold levels with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on Price Action, Cycle S
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Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
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