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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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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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Introducing the FT Gold Robot MT4, your ultimate companion in navigating the intricate world of XAUUSD trading. Developed with precision and powered by cutting-edge algorithms, FT Gold is a forex robot meticulously crafted to optimize your trading performance with   XAUUSD pairs . With its advanced analytical capabilities,   FT Gold Robot   constantly monitors the gold market, identifying key trends, patterns, and price movements with lightning speed. The FT Gold Robot opens 5 positions every da
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Introducing CyBRG RX: The Next-Generation Trading Assistant Step into the future of trading with CyBRG RX, your cutting-edge trading companion designed to elevate your trading experience. Harnessing the power of advanced neural networks, CyBRG RX is engineered to analyze and adapt to ever-changing market conditions with unparalleled precision. Signals:   Live Signal 1 Live Signal 2 Because this strategy is so unique, I only want to sell a limited number of licenses. Therefore, the price
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Introducing the AI Meta EA advisor - a remarkable leap in the world of trading! If you've always aspired to something greater and uncharted, then AI Meta EA is what you need. It harnesses cutting-edge artificial intelligence technologies, developed using neural networks and hidden algorithms in the deepest corners of the internet. What makes AI Meta EA so uniquely exceptional? Forget about old strategies and mundane indicators! My advisor possesses an intuition that even the most experienced tra
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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
FREE
AreaFiftyOne
Valeri Balachnin
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
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
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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