RSIDivergence

It is a strategy throughout the history of trading. This since it uses a divergence between the RSI and the price. Many traders use this. The backtest is done in 4 hours, but it can work in other timeframes. It is a risk-benefit ratio of 2:1 since the stop loss is 50 pips and the target to be reached is 100 pips. All these values ​​can be modified at the discretion of the trader. PARAMETERS:

  • LotSize: Its use is recommended at 0.1 for accounts that operate full lots and 1 for accounts that operate with micro lots. (Purchase operations)
  • RSI_Period: Period to use the RSI. It is recommended in 14 periods.
  • Level_Buy: It is recommended at 30 but it can be modified according to the needs of each trader.
  • Level_Sell: It is recommended at 70 but it can be modified according to the needs of each trader.
  • inp124_TakeProfitPips: Its use is recommended at 100 pips, if you want to be a little more conservative you can decrease this value. (Purchase operations)
  • inp124_StopLossPips: Its use is recommended at 50 pips, if you want to be a little more conservative you can decrease this value. (Sales operations)
  • inp141_TakeProfitPips: Its use is recommended at 100 pips, if you want to be a little more conservative you can decrease this value. (Sales operations)
  • inp141_TakeProfitPips: Its use is recommended at 50 pips, if you want to be a little more conservative you can decrease this value. (Sales operations) After performing a backtest with all the available currencies, its use is recommended with the following: Majors: GBPUSD, EURUSD. Crosses: EURCAD, GBPAUD, AUDJPY, CHFJPY, GBPCAD The recommended minimum deposit for this strategy is $100. It is recommended to use a leverage of 1:25





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Are you ready to power up your Gold trading? Impulse by Starpoint Trading — A six-strategy gold EA that waits for the perfect shot. Come chat with us in our public MQL5 channel!  https://www.mql5.com/en/channels/starpoint Read my analysis of Impulse compared to similar grid systems:  https://www.mql5.com/en/blogs/post/773192 Impulse v2.00 is here! The biggest update in Impulse's history has arrived. Version 2.00 takes everything that made Impulse a disciplined, patient Gold trading system and e
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