PrecisionEdge

PrecisionEdge EA — RSI and Stochastic Confluence System for MT5

PrecisionEdge EA is an automated Expert Advisor for MetaTrader 5. It uses two technical indicators — the Relative Strength Index (RSI) and the Stochastic Oscillator — to determine entry conditions. A trade is placed only when both indicators generate a signal at the same time on a new bar close.

Entry Logic

A buy order is placed when the RSI crosses upward out of the oversold level and the Stochastic %K line crosses above the %D line within the oversold zone. A sell order is placed when the RSI crosses downward out of the overbought level and the Stochastic %K line crosses below the %D line within the overbought zone. Only one position per symbol is allowed at any time.

Features

  • Entry requires confirmation from both RSI and Stochastic at the same bar close
  • Take profit is set directly on the order in pips
  • A global stop loss in USD closes all positions when total floating loss reaches the defined threshold
  • Free margin is checked before each entry using the CheckMoneyForTrade function
  • Lot size is validated and normalized against broker volume rules before order placement
  • An information panel on the chart displays current RSI value, Stochastic value, EA status, open profit or loss, take profit setting, and stop loss setting
  • The EA detects pip size automatically and is compatible with both 4-digit and 5-digit brokers

Input Parameters

  • Starting Lot Size — trade volume per order, normalized to broker specifications automatically
  • Take Profit (Pips) — distance in pips for the take profit level placed on each order
  • Global Stop Loss (USD) — total floating loss in USD at which all open positions are closed
  • RSI Period — number of bars used in RSI calculation (default: 14)
  • RSI Overbought Threshold — RSI level considered overbought (default: 70)
  • RSI Oversold Threshold — RSI level considered oversold (default: 30)
  • Stochastic %K Period — fast line period for the Stochastic Oscillator (default: 5)
  • Stochastic %D Period — slow line period for the Stochastic Oscillator (default: 3)
  • Stochastic Slowing — smoothing value for the Stochastic Oscillator (default: 3)
  • Stochastic Overbought Threshold — Stochastic level considered overbought (default: 80)
  • Stochastic Oversold Threshold — Stochastic level considered oversold (default: 20)
  • Magic Number — unique identifier assigned to orders placed by this EA
  • Max Slippage — maximum permitted slippage in points
  • Show Dashboard — enables or disables the on-chart information panel
  • Panel Corner — selects which corner of the chart the panel appears in
  • Panel X and Y Offset — adjusts the panel position on the chart

Recommended Use

  • Symbols: EURUSD, GBPUSD, USDJPY, XAUUSD
  • Timeframes: H1, H4
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Adam Hrncir
4.82 (44)
Experts
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Experts
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4.81 (21)
Experts
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Experts
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Experts
Signal en direct : https://www.mql5.com/en/signals/2393580?source=Site+Profile+Seller Bonus : Achetez Bitcoin Chill et choisissez Diamond Quant EA ou Nonstop EA gratuitement. Envoyez-moi un message privé MQL5 avec votre ID de paiement et le bonus choisi. Groupe privé d'acheteurs : Après l'achat, envoyez-moi un message privé MQL5 avec votre ID de paiement pour rejoindre le groupe privé. Les acheteurs vérifiés reçoivent des mises à jour sur le produit, des conseils d'installation et du support. G
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Maxim Kurochkin
5 (6)
Experts
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Ho Tuan Thang
Experts
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VUJCIC INVESTMENTS COMPANY
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Rudi Rupian
Utilitaires
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Rudi Rupian
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