LVL RSI mt5

Use this expert advisor whose strategy is essentially based on the Relative Strength Index (RSI) indicator as well as a personal touch.


Other free expert advisors are available in my personal space as well as signals, do not hesitate to visit and leave a comment, it will make me happy and will make me want to offer content.

Expert advisors currently available:

  1. LVL Creator

  2. LVL Creator Pro

  3. LVL Bollinger Bands

 

Trading is not a magic solution, so before using this expert on a live account, carry out your back tests and tests on a demo account.


When you will use that expert advisor on a live account, don't hesitate to share your account link with me, I would be delighted to follow your results.


. Live signals


. Definition of parameters:

Values between parentheses mean the default values of the indicators.

  • Risk Management

    • Allocation Type: how the allocation is calculated

    • Size: size value depending of the allocation type

  • Stop Loss

    • Use stop loss when opening order: true to set a stop loss while opening a position, false otherwise

    • Use trailing stop loss: true to use a trailing stop loss, false otherwise

    • Stop loss type: stop loss type to use

    • Stop loss value: stop loss value to use

  • Take Profit

    • Use take profit: true to set a take profit while opening a position, false otherwise

    • Take profit type: take profit type to use

    • Take profit value: take profit to use

  • Settings

    • Reverse trades: true to open the opposite type of position provided by the strategy, false otherwise

    • Close all positions and switch off the EA: true to close all open positions and switch off the expert advisor

    • Magic number: magic number to open positions

  • Trading Hours

    • Trading start hour: the time from which the EA can open a position

    • Trading end hour: the time from which the EA closes a position

  • Trading Days

    • Monday: true open a position on Monday, false otherwise

    • Tuesday: true open a position on Tuesday, false otherwise

    • Wednesday: true open a position on Wednesday, false otherwise

    • Thursday: true open a position on Thursday, false otherwise

    • Friday: true open a position on Friday, false otherwise

    • Saturday: true open a position on Saturday, false otherwise

    • Sunday: true open a position on Sunday, false otherwise

  • Trades

    • Close all positions every day: true to close all positions every day at the time corresponding to “Trading end hour”, false otherwise

    • Close all positions on Friday: true to close all positions on every Friday at the time corresponding to “Trading end hour”, false otherwise

    • Open buy positions: true to authorise the EA to open buy positions, false otherwise

    • Open sell positions: true to authorise the EA to open sell positions, false otherwise

  • Position Management

    • Position management: type of position management (none, martingale or grid)

    • Coefficient type: if the new lot size is an addition or a multiplication from the last lot size

    • Coefficient management: the value to add or multiply to calculate the new lot size

    • Max number of positions: the maximum number of positions in case of grid

    • Min distance between positions: the minimum distance in points between the last and the new position

  • RSI

    • Number of RSI to use: number of RSI to use

    • RSI timeframe short: timeframe of the first RSI

    • RSI timeframe long: timeframe of the second RSI (useless if 1 RSI)

    • Period of the mobile average: averaging period

    • RSI value to open a buy: RSI value to open a buy position

    • RSI value to open a sell: RSI value to open a sell position

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Profalgo Limited
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MQL TOOLS SL
5 (7)
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Bogdan Ion Puscasu
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MQL TOOLS SL
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Jimmy Peter Eriksson
5 (10)
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4.05 (19)
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Michela Russo
4.76 (37)
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Stanislav Tomilov
5 (11)
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Altri dall’autore
Use this expert advisor whose strategy is essentially based on Bollinger bands as well as a personal touch. Other free expert advisors are available in my personal space as well as signals, do not hesitate to visit and leave a comment, it will make me happy and will make me want to offer content. Expert advisors currently available: LVL Creator LVL Creator Pro LVL RSI mt5 If you want to get a configuration file to improve your experience, leave a comment on this robot, then contact me by direc
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Use this expert advisor whose strategy is essentially based on the Ichimoku Kumo Break Out as well as a personal touch. Other free expert advisors are available in my personal space as well as signals, do not hesitate to visit and leave a comment, it will make me happy and will make me want to offer content. Expert advisors currently available: LVL Creator LVL Creator Pro LVL Bollinger Bands LVL RSI mt5 Trading is not a magic solution, so before using this expert on a live account, carry out
FREE
Build your own trading strategy using the combination of indicators you want from those offered (each indicator can be used up to 2 times) in addition to a few personal touches: Average True Range Bollinger Bands Ichimoku Kumo Breakout Ichimoku Tenkan Sen Kijun Sen Cross (TKC) MACD MFI Mobile Average RSI SAR Stochastic Double Mobile Average Triple Mobile Average Other free expert advisors are available in my personal space as well as signals, do not hesitate to visit and leave a comment, it wi
Build your own trading strategy using the combination of indicators you want from those offered (each indicator can be used up to 2 times) in addition to a few personal touches: Average True Range Bollinger Bands Ichimoku Kumo Breakout Ichimoku Tenkan Sen Kijun Sen Cross (TKC) MACD MFI Mobile Average RSI SAR Stochastic Double Mobile Average Triple Mobile Average Other free expert advisors are available in my personal space as well as signals, do not hesitate to visit and leave a comment, it wi
The strategy is based on a market analysis for a specific time period. Once the market analysis is completed, the Expert Advisor opens a position if the trend is confirmed. Trading is not a magic solution, so before using this expert on a live account, carry out your back tests and tests on a demo account. When you will use that expert advisor on a live account, don't hesitate to share your account link with me, I would be delighted to follow your results. . Live signals . Suggested symbols
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