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Eleni Anna Branou  

The new RSI EA MT5 is out.

Here is the MT5 100% quality backtest with default settings for EURUSD D1 2020-2021 period.



Eleni Anna Branou  

RSI EA MT5 comes with a default EURUSD H3 strategy, specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT+3 time zone servers).

Other brokers or account types may be used, but you may need to test RSI EA MT5 and make any necessary time adjustments to fit your broker/account.

You can find that server time in your MT5 Marketwatch window (MT5 >> View >> Marketwatch).

Below is a list of the adjustments that need to be made, according to you broker's server time.

WARNING: You must adjust RSI EA's MT5 Start Time and End Time settings accordingly, before you test or trade with it!


Server Time Start Time End Time
GMT-12
13:05 08:59
GMT-11
14:05 09:59
GMT-10
15:05 10:59
GMT-9
16:05 11:59
GMT-8
17:05 12:59
GMT-7
18:05 13:59
GMT-6
19:05 14:59
GMT-5
20:05 15:59
GMT-4
21:05 16:59
GMT-3
 22:05  17:59
GMT-2
 23:05   18:59 
GMT-1 00:05 19:59
GMT+0 01:05 20:59
GMT+1
02:05 21:59
GMT+2
03:05 22:59
GMT+3
04:05 23:59
GMT+4
05:05 00:59
GMT+5
06:05 01:59
GMT+6
07:05 02:59
GMT+7
08:05 03:59
GMT+8
09:05 04:59
GMT+9
10:05 05:59
GMT+10
11:05 06:59
GMT+11
12:05 07:59
GMT+12
13:05 08:59


DrSB  

The fast and revolutionary UPDATE, smart selection of new MA filter.

Eleni Anna Branou  

RSI EA MT5 has been updated and now comes with a default EURUSD D1 strategy, specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT+3 time zone servers).

Other brokers or account types may be used, but you may need to test RSI EA MT5 and make any necessary time adjustments to fit your broker/account.

You can find that server time in your MT5 Marketwatch window (MT5 >> View >> Marketwatch).

Below is a list of the adjustments that need to be made, according to you broker's server time.

WARNING: You must adjust RSI EA's MT5 Start Time and End Time settings accordingly, before you test or trade with it!


Server Time Start Time End Time
GMT-12
10:05 08:59
GMT-11
11:05 09:59
GMT-10
12:05 10:59
GMT-9
13:05 11:59
GMT-8
14:05 12:59
GMT-7
15:05 13:59
GMT-6
16:05 14:59
GMT-5
17:05 15:59
GMT-4
18:05 16:59
GMT-3
 19:05  17:59
GMT-2
 20:05   18:59 
GMT-1 21:05 19:59
GMT+0 22:05 20:59
GMT+1
23:05 21:59
GMT+2
00:05 22:59
GMT+3
01:05 23:59
GMT+4
02:05 00:59
GMT+5
03:05 01:59
GMT+6
04:05 02:59
GMT+7
05:05 03:59
GMT+8
06:05 04:59
GMT+9
07:05 05:59
GMT+10
08:05 06:59
GMT+11
09:05 07:59
GMT+12
10:05 08:59


Eleni Anna Branou  

Here is the MT5 100% quality backtest with the new default settings for EURUSD D1 2020-2021 period.


Eleni Anna Branou  
Dear friends,

The RSI EA MT5 have been updated with the following additions:

1. An EA Comment setting has been added.

2. The Trading Hours have been changed to an optimizable format.

3. Saturday and Sunday have been added to the trading days, in order the RSI EA MT5 to be used with cryptocurrencies too.

Please update your RSI EA MT5.
Eleni Anna Branou  

Dear friends,

RSI EA MT5 has been updated with a new default EURUSD H1 strategy. Also 12 new set files have been created in various symbols for you to use and experiment with.

Please update your RSI EA MT5.


Archivos adjuntos:
Eleni Anna Branou  

Dear friends,

RSI EA MT5 has been updated with the addition of a variation of the RSI Crossing strategy. It is called RSI Crossing Multi and works as follows:

RSI Crossing Multi means that the EA will open a buy trade on a crossing of the RSI Buy Crossing Level, going upwards and will keep opening a new buy trade on each new candle if the RSI is above the RSI Buy Crossing Level. The EA will open a sell trade on a crossing of the RSI Sell Crossing Level going downwards and will keep opening a new sell trade on each new candle if the RSI is below the RSI Sell Crossing Level. 

Also a RSI Crossing Multi Minimum Distance settings has been added to set the minimum distance in points between same direction trades of the RSI Crossing Multi strategy.

You can read more details about this new strategy and how it works in the RSI EA MT5 Settings/Inputs Guide: https://www.mql5.com/en/blogs/post/745828

Please update your RSI EA MT5.

Eleni Anna Branou  

Dear friends,

I have received some feedback that some of the set files I introduced 2 months ago, based on the 2021 RSI EA MT5 backtests, were not doing that great at the beginning of 2022.

I was also 'instructed' that a longer period of optimization, 2-3 years back instead of the 12 month optimization I am usually doing, would produce better and more adaptable to all kinds of market results.

In the previous 2 months, I've performed optimizations for a few symbols, based on a 3 year period (2019-2021) but I regret to say that the set files I produced were performing worse in 2022 than those that were based on 2021 alone.

So my idea that a closer to current market optimization would work better on the future market, is not that far from truth after all.

From now on all the optimizations I will perform will be based on the following sequence:

1. Two months after the 12 month period I want to optimize, I will perform new optimizations for all symbols, based on the prior to these 2 months period, for example I did new optimizations in February for the entire 2021.

2. I will test the best results that come out of that optimization, on the entire 12 month + 2 extra months period that has already passed, so in this example I backtested all optimized results on the entire 2021, plus Jan-Feb of 2022.

3. I am keeping only the results that perform well in these 2 extra months that follows the optimization period, so in our example I publish new set files only for the results and symbols that perform well at the beginning of 2022 too.

4. I will repeat this procedure 2 times every year, in February and in July, so you would expect new set files for the RSI EA MT5 in coming August and in March of 2023 next.

I wish you all health and prosperity!



Archivos adjuntos:
Eleni Anna Branou  

Dear friends,

A new important update comes to the RSI EA MT5 that will improve significantly the responsiveness of the EA to the changes and volatility of the market.

The addition of Stop Loss, Take Profit, Break Even and Trailing Stop Loss levels in Percentage of Average Daily Range of a set number of Average Daily Range Candles.

Please update your RSI EA MT5 and load the new updated set files, that include the new SL/TP/BE ans trailing SL levels in Percentage of Average Daily Range.


Archivos adjuntos:
Eleni Anna Branou  

Hello dear friends,

New default EURUSD H1 strategy and optimized set files for all provided symbols have been updated for the RSI EA MT5.

Please update your RSI EA MT5.



Archivos adjuntos:
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