RSI Scalping Bot
- Experts
- Version: 1.0
In order to provide accurate entrances and exits in trending markets, the RSI EMA ADX EA is a professionally constructed Expert Advisor that combines the strength of three popular technical indicators: the Average Directional Index (ADX), Exponential Moving Average (EMA), and Relative Strength Index (RSI). For traders looking for high-accuracy, low-risk automation, it is perfect.
Strategy Logic
1. RSI (Relative Strength Index):
removes oversold and overbought market circumstances.
ct evidence of trend continuation and reversal.
2. Exponential Moving Average, or EMA:
uses both rapid and slow moving averages to confirm the direction of the trend.
aids in determining if a trade entry is bullish or bearish.
3. Average Directional Index, or ADX:
evaluates the strength of a trend.
filters low ADX levels to prevent trading in range markets.
Trades begin to occur when:
Direction is confirmed by an EMA crossover.
The range of the RSI is valid, and
Since the ADX is above the minimum level, a strong trend is indicated.
Important Features:
✅ Completely automatic trading
✅ Adjustable indicator settings
✅ Works with any forex pair, though trending ones like XAUUSD and GBPJPY are the best.
✅ Flexible across several timeframes
✅ Integrated risk control
✅ Compatible with all brokers (ECN/STP)
✅ Logging and alert options
✅ Protection against slippage and spread
Minimum Requirements
Platform: MetaTrader 5 (MT5)
Account Type: Preferred ECN/STP
Internet Speed: At least 1 Mbps
EA Installation: Attach to single chart only
Suggested Pairs: XAUUSD, GBPJPY, EURUSD
Broker: Any broker with quick execution
Recommendations
Timeframe: M15 or H1 (swing-based or scaling)
Account Type: ECN account with tight spreads
Lot Sizing: Use 0.01 per $100–$200 balance (auto risk)
RSI Period: 14 (adjustable)
EMA Fast/Slow: 9/21 or 20/50
ADX Threshold: 20–25 (filters weak trends)
Minimum Deposit: $100+ (for micro lots)
VPS: Use VPS for round-the-clock operation
📈 Risk Management Configuration
Maximum Spread: Modifiable
Maximum Slippage: Modifiable
Lot Size Variability (depending on balance)
Included are Stop Loss and Take Profit.
Optional Trailing Stop
Ideal Market Situations:
Market trends
Sessions with a high volume (London, NY)
Steer clear of periods of minimal volatility (mid-Asia)
