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PriceActionAi RSI ft MA SPA

This EA is intended to assist with surveying and trading performance statistics with RSI ft MA indicator .

Caution: This EA should be used for testing, statistical and analytical purposes. It is not recommended to use it as a true trading robot, unless you have an effective plan with it.

  1. Conditions of entry

Only one order at a time can be opened, at the end of the order can the next order be opened

  • BUY order conditions

When the RSI value is less than or equal to the configured RSI value

At the same time, the closing candlestick price was greater than the MA line value

In Reverse mode, the SELL command will be opened instead of the BUY command.

  • SELL order conditions:

When the RSI value is greater than or equal to the configured RSI value

At the same time, the closing candlestick price was less than the MA line value

In Reverse mode the BUY command will be opened instead of the SELL command.

  1. Configuration parameters

2.1. Basic parameter group

A. System Settings

    • Day of week: Day of the week
    • Trading Hours: Hours of the day
    • Minute Min: From minutes
    • Minute Max: Up to the minute
    • Magic number: EA ID number   

B. Trading Settings

    • Balance stop percent (0 = No Stop): Trade stop level. Once the profit / loss is loaded at this%, the EA will stop running.
    • Reverse: Reverse
    • Spread Limit (in points): The maximum spread when checked for entry
    • Slippage Limit (in points): Maximum price slide when entering the order

C. Volume Settings

    • Money management (LOT or RISK): Capital management
    • In the case of choosing LOT: The value for money management: is quantity (eg: 0.01)
    • In the case of choosing RISK: The value for money management: is a percentage (Example: 1)

D. SLTP Settings

    • Stop Loss (in pips): Stop loss
    • Take Profit (in pips): Take Profit

E. Trailing Stop Settings

    • When the current bid / ask price is about 1 distance from the initial set SL point by Trailing Stop + Trailing Step, then drag SL 1 about Trailing Step, following the direction of trend development.
    • Trailing Stop (in pips, 0 = No Trailing): Stop loss
    • If Trailing Stop is 0, this function will not work
    • If Trailing Stop is different from 0, then Trailing Step must be entered
    • Trailing Step (in pips): The jump range of the SL

2.2. Parameter group characteristic

RSI Trading Setting

Period: The average number of candles. Default value is 12
Applied Price: Candlestick prices. The default value is Close
Close
Open
High
Low
Median Price (HL / 2)
Typical Price (HLC / 3)
Weighted Close (HLCC / 4)
Value Check For Buy (<=): The configuration RSI value checks the Buy order
Value Check For Sell (> =): The configuration RSI value checks for Sell orders
Moving Average Trade Settings
Period: The average number of candles. Default value is 12
Shift: Indicator parameter. Default value is 0 

Method: Type of average line applied. The default value is Simple

Simple

Exponential

Smoothed

Linear Weighted

Applied price: Applied moving averages with candle prices. The default value is Close

Close 
Open
High
Low 
Median Price (HL / 2) 
Typical Price (HLC / 3) 

Weighted Close (HLCC / 4)


    Good luck and Happy trading.


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    HFT PropFirm EA MT5 is  also known as Green Man due to its distinctive logo by Dilwyn Tng, is an Expert Advisor (EA) crafted specifically for overcoming challenges or evaluations from proprietary trading firms (prop firms) that permit High-Frequency Trading (HFT) strategies. Free  Swing Signal Group and Gold Scalping Signal after you have passed a challenge. MT4 Version:  https://www.mql5.com/en/market/product/104871 Passing HFT MT5 Challenge Performance Monitor (not for live account): Broke
    Burger Layers
    Wawan Gunawan
    5 (1)
    Introducing Full Automatic dan Powerful Burger Layers EA. Only 1 copies left at the current price, Next Price 699 USD Burger Layers EA monitors price movements to carry out analysis using an algorithm built to determine the beginning of a trend change. Next, determine the price level that has a high probability of carrying out a transaction, and wait a pullback. Live Signal Burger Layers EA   is an Expert Advisor that is safe and design for long-term use. Backtest   Result is Impressive and  not
    Parrots Breaker
    Siti Hadijah Lena
    3.75 (4)
    Only  3 copies left at current   price!,   Next Price 799 USD.   So   Come on Hurry up!    Parrots   Breaker   MT5  EA is an Expert Advisor that is smart, powerful and accurate in determining entries. Parrots   Breaker   MT5  EA works based on the concept of trend following  combined  with   Break of Internal Structure and   trading levels. Live Signal 1 Parrots   Breaker   MT5  EA is an Expert Advisor that is safe and focuses on long-term use. Backtest   Result is Fantastic. This EA does not us
    Dark Algo MT5
    Marco Solito
    5 (52)
    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 m
    Bitcoin Robot MT5
    Marzena Maria Szmit
    4.43 (40)
    The Bitcoin Robot MT5 is engineered to execute Bitcoin trades with unparalleled efficiency and precision . Developed by a team of experienced traders and developers, our Bitcoin Robot employs a sophisticated algorithmic approach (price action, trend as well as two personalized indicators) to analyze market and execute trades swiftly with M5 timeframe , ensuring that you never miss out on lucrative opportunities. No grid, no martingale, no hedging, EA only open one position at the same time. Bit
    Boring Pips MT5
    Thi Thu Ha Hoang
    4.71 (28)
    Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is   Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool
    Waka Waka EA MT5
    Valeriia Mishchenko
    4.1 (39)
    EA has a live track record with 4.5 years of stable trading with low drawdown: Live performance MT4 version can be found here Waka Waka is the advanced grid system which already works on real accounts for years. Instead of fitting the system to reflect historical data (like most people do) it was designed to exploit existing market inefficiencies. Therefore it is not a simple "hit and miss" system which only survives by using grid. Instead it uses real market mechanics to its advantage to make p
    US30 Scalper EA MT5
    Lo Thi Mai Loan
    5 (12)
    Launch promo! Only 2  copies left at current price! Next price: 1533$ Final price: 1993$ Buy US30 Scalper and you could get Nasdaq Algo for free ! => Contact after purchase Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT4:  https://www.mql5.com/en/market/product/113580?source=Site+Market+Product+Page More analytics:  https://www.mql5.com/en/blogs/post/756452 For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/s
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