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Rsi Trend Finder Hedge

Currency - Eur/Usd

Candle Time - 5m for best results

Recomended Broker - IG

Leverage - 1:200

Minimum Deposit - $100

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 10 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 5 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 SET TO TRADE ON A $100 ACCOUNT. YOU CAN SCALE IT UP UP TO $1000 ACCOUNT BY 10 TIMES THE VOLUME LOT SIZE. INPUT SETTINGS - (INP11_VOLUMESIZE,  INP12_VOLUMESIZE,  INP13_VOLUMESIZE,  INP14_VOLUMESIZE) ---- YOU CAN SCALE UP AS MUCH AS YOU WANT!


-USE AS A EXPERT ADVISOR

-BACKTESTING MATCHES LIVE DEMO





Bars in test    104584
Ticks modelled  16451779
Modelling quality       90.00%
Mismatched charts errors        1
Initial deposit 200.00
Spread  6
Total net profit        333.05
Gross profit    1570.68
Gross loss      -1237.63
Profit factor   1.27
Expected payoff 0.45
Absolute drawdown       49.36
Maximal drawdown        84.19 (22.14%)
Relative drawdown       27.51% (57.18)
Total trades    736
Short positions (won %) 368 (57.34%)
Long positions (won %)  368 (53.53%)
Profit trades (% of total)      408 (55.43%)
Loss trades (% of total)        328 (44.57%)
        Largest
profit trade    38.96
loss trade      -8.00
        Average
profit trade    3.85
loss trade      -3.77
        Maximum
consecutive wins (profit in money)      9 (20.21)
consecutive losses (loss in money)      5 (-24.14)
        Maximal
consecutive profit (count of wins)      65.86 (4)
consecutive loss (count of losses)      -24.14 (5)
        Average
consecutive wins        2
consecutive losses      2














































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Version 2.0 2020.06.03
Took out max spread input because it was causing glitches in the EA