Divergence Rsi Trader EA
FREE
Publicado:
5 julio 2023
Versión actual:
1.8
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Thx for the ea. I think it would perform much better, if the ea sets a stop buy/ stop sell order on the high/low of a first bull-/bearcandle that appears after a rsi divergence is detected.
Best regards.
Thx for the ea. I think it would perform much better, if the ea sets a stop buy/ stop sell order on the high/low of a first bull-/bearcandle that appears after a rsi divergence is detected.
Best regards.
Thanks for the comment. Will try your suggestion.
and the SL should be set under the last swing low.
What do you mean exactly (Swing Low)?
What do you mean exactly (Swing/Low)?
I mean the the sl should be set under/above the last candle´s lowest low/high if a position will be opened through a buy stop/sell stop
I mean the the sl should be set under/above the last candle´s lowest low/high if a position will be opened through a buy stop/sell stop
This is what the stop looks like for a sell order, for example. Stop is above recognized divergence candle. Please send an example with a picture excerpt.
This is what the stop looks like for a sell order, for example. Stop is above recognized divergence candle. Please send an example with a picture excerpt.
SL is correct.
I mean the the sl should be set under/above the last candle´s lowest low/high if a position will be opened through a buy stop/sell stop
Unfortunately, the divergence is only visible after 20 candles because that is to do with an index. If you have seen in the tester that high or low of a candle is only found after 20 candle distance.
SL is correct.
TP sell trade could be if RSI 10 reaches 30 points, TP buy trade could be if RSI 10 reaches 70 points
TP sell trade could be if RSI 10 reaches 30 points, TP buy trade could be if RSI 10 reaches 70 points
TP in this EA is provided with points or by close order.
I personally use for the divergence RSI 10 too.
In the next version I will add the possibility to change the period in the settings.
does this active trades or im doing something wrong all i see i lows and highs??
Hello, the larger the timeframe, the less divergences this EA will find. In the hourly chart, for example, only about 30 trades are executed in EURUSD in two years.
do not take orders
Hello, on which symbol and which timeframe is the EA used?
Hello,
check personal messages.