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Area51 On RSI

The EA generates signals about changes in the trend. Signals can be generated using different RSI-based strategies.

When a position is opened, it is equipped with a take profit and a stop loss. If the position becomes profitable, a dynamic stop loss based on the specified values (TrailingStep and DistanceStep) is set for it and constantly trailed. This allows you to always close positions in profit.


Parameters

  • Main Settings
    • LotSize = 0.01 - fixed position volume.
    • LotAutoSize = false - enable dynamic calculation of the position volume. LotSize is ignored.
    • LotRiskPercent = 25 - risk to determine the position volume. It is calculated based on the free margin, available equity and the leverage.
    • MoneyRiskInPercent = 0 - risk as a percentage of the capital, for safety reasons, the recommended value is 32. When the specified percentage is reached, all positions with the same MagicNumber are immediately closed on all charts.
    • MaxDynamicLotSize = 0.0 - the maximum allowable lot size when the LotAutoSize function is active. If the entered value is greater than the maximum allowed value for the trading instrument, the maximum value for the instrument is used.
    • MaxMoneyValueToLose=0 - the maximum amount of risk in money.
  • Position settings
    • TrailingStep = 15 - distance from the position opening price to set trailing stop.
    • DistanceStep = 15 - step from the current price to move the trailing stop.
    • TakeProfit = 750 - it should also be set for protection against gaps.
    • StopLoss = 0 - 10000 points by default.
  • Strategies
    • UseRSIBasedIndicator = true - use the RSI-based indicator.
    • UseSimpleTrendStrategy = false - strategy based on MACD and moving average. The ADX indicator provides additional support.
    • Use5050Strategy = false - Based on RSI value: Value greater than 50 means a purchase signal, otherwise a sales signal.
  • Signal generation time
    • StartHour = 8;
    • EndHour = 20.
  • If buy/sells are predominant on the market, you can enable signals only for buying/selling.
    • OnlyBuy = true;
    • OnlySell = true.
  • AddPositionsIndependently = false - allows opening positions on every signal, regardless of the positions already opened by the robot.
  • MaxConcurrentOpenedOrders = 4 - the maximum number of positions that can be open at the same time.
  • MagicNumber = 3537 - must be unique for each symbol.
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5 (2)
Experts
NEW PROMO: Only a few copies copies available at 349$ Next price: 449$ Make sure to check out our " Ultimate EA combo package " in our   promo blog ! NEW: Now also supports Ethereum! Bitcoin Scalp Pro is a unique trading system on the market.  It is fully focused on exploiting the volatility of the Bitcoin market by trading the breakouts of support and resistance levels. The focus of the EA lies on safety, which translates into extreme low drawdowns and a very good risk/reward ratio on the tr
SprutFx MT4
Salavat Yulamanov
5 (1)
Experts
Trade only from support and resistance levels. Filters are used on proprietary indicators. A grid of orders with partial closing of orders is included!   Signals                               https://www.mql5.com/ru/signals/1776144?source=Site +Profile+Seller   Currency pairs: EURGBP, GBPUSD, EURUSD, USDCAD, EURCAD, use minimum lot For rollback currency pairs, you can use an increased lot of AUDCAD, AUDNZD, NZDCAD. Timeframe: M15 Settings   Lots=0.01 Fix lot   LotsMartinp= 1 Lot
Hercules AI MT4
Aleksandr Chebotaev
Experts
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
CyberVision EA MT4
Eduard Nagayev
4 (1)
Experts
CyberVision EA is a technology I developed during my undergraduate studies. CyberVision EA is not just an advisor, it is a high-speed computing machine that can generate historical data. CyberVision EA is not just an EA, it is a high-speed computing machine that works with recurrent neural network (RNN) and generative adversarial network (GAN), and my EA also uses data quantization. Live Signal High:  https://www.mql5.com/ru/signals/2221931 Live Signal:  https://www.mql5.com/en/signals/2218278 C
AI Heisenberg
Vitali Vasilenka
5 (6)
Experts
AI Heisenberg is a universal trading robot based on a neural network and self-learning based on certain design models, which can analyze the market and make optimal trading decisions. It uses an additional RSI indicator to filter out trades that could be signals for a price reversal. Attention!!! - After purchasing, write me a personal message to receive gifts: Access to VIP chat Best settings Another advisor as a gift AI Heisenberg has the following features and benefits: Self-learning: Heisenb
Dark Algo
Marco Solito
4.77 (53)
Experts
Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
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Area 51 EA generates signals on different strategies. Has different money management strategies and dynamic lot size function. When a position is opened, it is equipped with a take profit and a stop loss. If the position becomes profitable, a dynamic stop loss based on the specified values (TrailingStep and DistanceStep) will be set for it and constantly trailed. This allows you to always close positions in profit.  For using the EA we recommend to use an  ICMarkets True ECN account. Parameters
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Area 51 EA generates signals on different strategies. Has different money management strategies and dynamic lot size function. When a position is opened, it is equipped with a take profit and a stop loss. If the position becomes profitable, a dynamic stop loss based on the specified values (TrailingStep and DistanceStep) will be set for it and constantly trailed. This allows you to always close positions in profit.  If you want, that your manual opened positions will be handled by the EA, so you
Area51 Little Helper
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Utilities
This small tool takes over the manually opened positions and treats them according to the predefined settings with the dynamic stop loss and Money Management, which predicts which position size should be used for the trade. The program dynamically tracks the stop loss as soon as the position comes into the plus. Possible commissions and swaps are taken into calculation. It should only be installed on one chart window per symbol. Settings LotRiskPercent = 25 - Percentage of the item size. Calcu
Area51 Stochi
Valeri Balachnin
Experts
The EA generates signals about changes in the trend. Signals can be generated using different RSI-based strategies. When a position is opened, it is equipped with a take profit and a stop loss. If the position becomes profitable, a dynamic stop loss based on the specified values (TrailingStep and DistanceStep) is set for it and constantly trailed. This allows you to always close positions in profit. Parameters Main Settings LotSize = 0.01 - fixed position volume. LotAutoSize = false - enable d
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