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Rising Star

  • This EA is tested on pairs using default settings: EURUSD, GBPUSD, USDCHF, USDJPY. Set different magic number for each pair.
  • This EA use pending orders.
  • This EA use RSI and Force indicators to find signals
  • First order is opened when signal occurs
  • Next orders are opened when signal occurs and minimum distance from last trade is reached
  • Distance between trades are calculated automaticaly
  • Buy and sell trades are closed separately or all together.
  • Use on 15M timeframe


Settings

  • Lot - volume of the opened position
  • Lot_OPP - volume of the opened opposite position
  • MaxTrades - maximum number of opened trades
  • use_Global_StopLoss - activate automatic closing orders to cut losses, True - closing orders when reached StopLoss * Lots, False - closing orders when TakeProfit reached and condition of indicator are met
  • Global_StopLoss - closing orders when StopLoss value is reached
  • use_Global_TakeProfit - set to True if you want for automatic closing orders when TakeProfit reached, if set to False you have to close trades manually, Real TakeProfit calculation: TakeProfit * Lot
  • Global_TakeProfit - closing orders when TakeProfit value is reached and condition of indicator are met
  • Set_TakeProfit - Take profit for each trade ON/OFF
  • TakeProfit - Take profit value for each trade
  • Set_StopLoss - Stop loss for each trade ON/OFF
  • StopLoss - Stop loss value for each trade
  • Pending_Distance - Pending distance for main trade
  • use_Opposite - Set to True if you want opposite trade to be generated
  • Opposite_Pending_Distance - Pending distance for opposite trade
  • RSI_OPEN_MAIN - Period for RSI indicator (main)
  • RSI_OPEN_SIGNAL - Period for RSI indicator (signal)
  • FORCE - Period for Force indicator
  • FORCE_UP - Upper limit for force indicator
  • FORCE_DOWN - Lower limit for foce indicator
  • BarNo - Number of bars for distance calculation (minimum distance between trades)
  • RSI - Period for RSI indicator - closing signal
  • RSI_UP - Upper limit for RSI indicator - closing signal
  • RSI_DOWN - Lower limit for RSI indicator - closing signal
  • Magic - set your magic number
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