AI Stochastic RSI Scalper
- Experts
- Version: 1.0
Short term entries from Stochastic RSI crosses in extreme zones, filtered by the main trend.
How it works
Stochastic RSI is calculated inside the EA from the built-in RSI, with %K and %D smoothing, on the M15 signal timeframe by default.
A buy needs %K crossing above %D after being in the oversold zone, with price above the trend EMA (200 by default). Sells are the mirror image.
Stops and targets are ATR based, with break-even and trailing management to protect open trades.
Key features
- Internal Stochastic RSI with %K and %D smoothing
- Oversold and overbought levels you can change
- EMA trend filter that can be switched off
- ATR based stop and reward ratio target
- Risk based lot size with a maximum lot cap and free margin check
- ATR based break-even and trailing stop
- One position at a time, no grid, no martingale, no averaging
- Every trade is opened with SL and TP
- Small on-chart status panel
Recommended
Liquid Forex pairs and XAUUSD with low spreads. M15 signal timeframe by default; M5 to H1 can be used.
Inputs
Risk percent, lot cap, magic number, RSI and stochastic periods, smoothing, zone levels, trend EMA, ATR stop, reward ratio, break-even and trailing.
Risk note
Trading involves substantial risk. Test the EA on a demo account first and use a risk level you are comfortable with.
