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RSI MultiCross Expert Advisor

The RSI MultiCross Expert Advisor works by entering a trade when RSI makes a cross of a level and exits on the cross of the opposite level (MIN_RSI, MAX_RSI).

To enter a buy RSI will cross below the MIN_RSI and the candle that closes above MIN_RSI will signal to enter the trade. This allows the EA to get some indication price could be reversing (vice versa for a sell signal).

To exit a buy RSI will cross above the MAX_RSI minus the RSI_Buffer. Or you can use the TP_Multiplier or SL_Multipliers and use an ATR based stop loss / take profit.

Set TP_Multiplier or SL_Multiplier to 0 to use the averaging features and to exit RSI at the opposite level.

Works on all time frames and pairs.

Suggestions:

For higher time frames I will use the TP_Multiplier and SL_Multiplier   (H1, H4, Daily). Lower time frames I use the averaging features. 

No EA should be left alone. Human intervention is a must. 

Settings:

MagicNumber: Magic Number used for orders

RSI_Period: RSI Period to use.
MIN_RSI: Will not enter buy unless RSI is below the MIN_RSI
MAX_RSI: Will not enter sell unless RSI is above the MAX_RSI
RSI_Buffer: Add this number to the MIN_RSI or subtract to the MAX_RSI for exit. (set to 0 to not use)


UseAveraging: Turns on the averaging feature
UseLotSizeAdd: Increment lot size option
UseTPAllTrades: If using averaging you might only want to use TP for the first trade
RangeMultiplier: Used to calculate the distance between averaging trades
MaxOpen: Max orders that will open.
ClosePercent: Percentage of account balance to close averaging trades in profit

Lot_Size: Starting Lot Size
TP_Multiplier: Used to calculate the ATR based Take Profit (set to 0 to not use)
SL_Multiplier: Used to calculate the ATR based Stop Loss (set to 0 to not use)
MaxPairLoss: Percentage of account balance to close all pair trades
MaxSpread: Max Spread

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Trend Scalp Pro   ⭐⭐⭐⭐⭐ 25% DISCOUNT JUST WOR 1 WEEK -  168$ Reduced to 128$ Live Monitoring:  🚀🤑 https://www.mql5.com/en/signals/842515 https://www.mql5.com/en/signals/704872 This Is a a full feature pro version - You can enjoy free version HERE ⚡ Many traders don't trust robots... they Just use technical analysis and make manual orders. So what happens if this technical analysis and use trend line to make the best decision and work AUTOMATIC ??   🤑   🤑  Yes. We do that... ⭐   Trend Scalp
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Market Maker Expert
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1 out of 5 COPIES AT $349 Price will rise to limit the number of users of this powerful ATM machine. Next price $399.  (Real Profit, Real Trades, Real Signal) After your purchase, drop me a PM. MARKET MAKER EXPERT is an highly CUSTOMIZABLE Advanced, fully automated Expert developed to trade on MULTIPAIR MODE ( EURUSD,USDJPY,USDCHF,USDCAD,EURCHF ), by spreading out risks. Expanding Grid is its speciality. It focuses on MAXIMUM PROFIT ABILITY, by opening a large number of orders. Just load on
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Trend Line GRID mt4
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This is a grid EA based on the signals of the   Trend Line PRO   indicator:   https://www.mql5.com/en/market/product/42399 Trend Line GRID EA   trade the first order based on the indicator signal and builds a grid if the price deviates. After a certain number of orders, the DrawDown Reduction function is enabled, which reduces the most unprofitable orders by closing them with a counter profit. This ensures that a profit is achieved in each trend. EA also accompanies trades opened in manual mode
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Version 1.4 2019.01.18
Added UseTPALlTrades
Version 1.3 2019.01.16
Separated SLTP_Multiplier