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MARSI Power

MARSI Power is an Expert Advisor that explores the synergy power of 3 indicators: 1 Moving Average and 2 Relative Strength Index.

Trading Strategy:

Moving Average indicator confirmed by Relative Strength Index is used to open positions. Positions are closed by Take Profit and Stop Loss. In addition, there is the Break Even option that makes this Expert Advisor more secure. The money management is based on free margin.

To lock account profit or limit account loss, you can activate Target equity and/or Minimum equity in percentage of deposit at the settings.

This EA is optimized for EURUSD M15, but you can use it for other instruments by performing optimization first. You can adjust important parameters by performing optimization periodically using "Every tick based on real ticks" to get precise results or "Open prices only" to get faster results.


Input Parameters

GENERAL INFO

  • Expert Name - name of this EA
  • Expert Version - version of this EA
  • Expert Developer - developer name

GENERAL SETTING

  • Slippage in pips - slippage
  • Magic Number - magic number

MONEY MANAGEMENT

  • Money management (true or false) - use auto lots calculation
  • Risk in percentage terms - risk based on account balance to calculate lots
  • Volume in lots if money management false - fix lots if money management is set to false
  • Target profit in percentage money, if 0 not used - if this target is reached, the EA will close position
  • Target loss in percentage money, if 0 not used - if this target is reached, the EA will close position
  • Restart trade if one of Target is reached (true or false) - if set to true, the EA will restart a trade after the target profit is reached

SPECIFIC SETTING

  • Timeframe - timeframe
  • MA period - period of MA
  • RSI1 period - period of RSI 1
  • RSI1 level - level of RSI 1
  • RSI2 period - period of RSI 2
  • RSI2 level - level of RSI 2
  • Stop Loss in pips - stop loss in pips, 0 - not used
  • Take Profit in pips - take profit in pips, 0 - not used
  • UseBreakEven - Break Even usage (true or false)
  • BreakEven - Break Even value in pips
  • Close by opposite signal - if true, open position will close at reverse signal

DISPLAY SETTING

  • Header text colour - color of header text
  • Header background colour - color of header background
  • Background colour - color of background
  • Text colour - color of text
  • Account profit text colour - color of profit text
  • Account loss text colour - color of loss text
No reviews
Version 14.6 - 2018.04.04
- Fixed bug related to large SL/TP value
Version 14.5 - 2018.03.14
- Fixed some bugs
- Re-structurized program
- Re-optimized
- Added display panel
Version 14.4 - 2014.01.22
- Fixed lots calculation.
Version 14.2 - 2013.11.29
- Fixed multiple deal errors.
Version 14.0 - 2013.08.19
- Broker type recognition.
- Symbol recognition.
- Re-optimization.