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RSI Trend Finder Equity Lots Hedge MT5

 https://youtu.be/ESyXnmwdT9U <---- CHECK OUT HOW IT TRADES VISUALLY HERE

Currency - Eur/Usd(Can work on others but might need tuning)

Candle Time - 5m for best results(works on multiple timeframes)

Recomended Broker - IG(works on most)

Leverage - 1:200

Fully Automated EA for Longs and Shorts You can adjust to whichever RSI period and value you want.

-RSI PERIODS & VALUES WHEN THEY CROSS ARE ALL ADJUSTABLE IN THE INPUTS & THE TAKE PROFIT AND STOPLOSS OF HEDGING LONG AND SHORT TRADES.


Default settings are to...

*When a LONGS trade is put on it puts in a Short at the same time. If the Short goes above 20 pips it will hit Stop-loss. If the Short goes below 20 pips it will hit Take-Profit.

LONGS - are to buy when RSI crosses below 15. If RSI for longs crosses above 70 it will mark Longs (RSI Close) 


*When a SHORTS trade is put on it puts in a Long at the same time. If the Long goes below 20 pips it will hit Stop-loss. If the Long goes above 20 pips it will hit Take-Profit.

SHORTS - are to sell when RSI crosses above 75. If RSI for shorts crosses below 20 it will mark Shorts (RSI Close).


*IMPORTANT*

*THE VOLUME LOT SIZE IS IN PERCENT OF EQUITY - By default it is set for longs at 1% and shorts at 5% CHANGE 100% on the two 1% inputs AND change to 500% on the two 5% inputs. 


*Has a input slot for selected currency. If you try on any other currency pair then EURUSD then you will need to change that input tab to say what ever currency pair you are trading or backtesting!

-USE AS A EXPERT ADVISOR

-BACKTESTING MATCHES LIVE DEMO

Broker: MetaQuotes Software Corp.
Currency: EUR/USD
Initial Deposit: 10 000.00
Leverage: 1:200
Results
History Quality:        99% real ticks
Bars:   177442  Ticks:  65278288        Symbols:        1
Total Net Profit:       5 950.65        Balance Drawdown Absolute:      1 043.11        Equity Drawdown Absolute:       1 089.28
Gross Profit:   41 376.10       Balance Drawdown Maximal:       1 121.76 (10.21%)       Equity Drawdown Maximal:        1 167.13 (10.62%)
Gross Loss:     -35 425.45      Balance Drawdown Relative:      10.44% (1 044.21)       Equity Drawdown Relative:       11.29% (1 133.70)
Profit Factor:  1.17    Expected Payoff:        4.65    Margin Level:   1754.44%
Recovery Factor:        5.10    Sharpe Ratio:   0.05    Z-Score:        5.68 (99.74%)
AHPR:   1.0004 (0.04%)  LR Correlation: 0.89    OnTester result:        0
GHPR:   1.0004 (0.04%)  LR Standard Error:      757.52          
Total Trades:   1280    Short Trades (won %):   640 (53.28%)    Long Trades (won %):    640 (46.41%)
Total Deals:    2560    Profit Trades (% of total):     638 (49.84%)    Loss Trades (% of total):       642 (50.16%)
Largest profit trade:   687.99  Largest loss trade:     -164.00
Average profit trade:   64.85   Average loss trade:     -55.18
Maximum consecutive wins ($):   9 (249.77) Maximum consecutive losses ($): 7 (-321.91)
Maximal consecutive profit (count): 687.99 (1) Maximal consecutive loss (count): -511.76 (4)
Average consecutive wins: 2     Average consecutive losses: 2


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Redshift MT5
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QA Magic Recovery and Trade MT5
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Version 2.0 2020.06.03
Took out max spread input because it was causing glitches in the system