RSI Snowball Martingale

4

Expert Advisor (EA) that utilizes the basic Dow Theory strategy along with RSI for opening positions, and employs support and resistance levels from the Zigzag indicator as stop-loss and take-profit points, you can follow these guidelines:

  1. Dow Theory Strategy: This involves analyzing trends using the Dow Theory principles, mainly focusing on identifying primary trends (bullish or bearish) and secondary trends (corrections). You'll need to implement rules for identifying these trends based on price action.

  2. RSI for Confirmation: Relative Strength Index (RSI) can be used as a confirmation tool. For example, you might open a buy position when the price is in an uptrend according to Dow Theory and RSI is below a certain oversold threshold (e.g., RSI < 30), indicating potential buying opportunities.

  3. Zigzag Indicator for Support and Resistance: The Zigzag indicator helps in identifying significant highs and lows in the price movement. You can use these levels as potential stop-loss and take-profit points. For instance, set stop-loss just below the recent swing low for long positions and take-profit at the nearest swing high.

Recommendations:

Currency pair: XAUUSD
Timeframe: M15
deposit : $100
Account type: Standard
Brokers : Exness (https://one.exnesstrack.net/a/t5m9v5m9) 
When you resister Exness account please fill Partner code: t5m9v5m9 for commission pay back 50% (rebate)


Recensioni 2
Raoul Paul Xavier De Jong
1360
Raoul Paul Xavier De Jong 2024.06.27 21:23 
 

it's ok....

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Valentina Zhuchkova
Experts
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Thomas Christoph Lipka
5 (5)
Experts
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Shengzu Zhong
4.53 (74)
Experts
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Stanislav Tomilov
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Experts
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Adam Hrncir
4.82 (44)
Experts
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MQL TOOLS SL
Experts
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Ayush V Jain
5 (4)
Experts
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MQL TOOLS SL
4.34 (113)
Experts
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Experts
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Rachyut Senakool
Experts
Expert Advisor (EA) that utilizes the basic Dow Theory strategy along with RSI for take profit, and employs support and resistance levels from the Zigzag indicator as stop-loss and take-profit points, you can follow these guidelines: Dow Theory Strategy : This involves analyzing trends using the Dow Theory principles, mainly focusing on identifying primary trends (bullish or bearish) and secondary trends (corrections). You'll need to implement rules for identifying these trends based on price ac
FREE
EMA Distance Snowball Martingale
Rachyut Senakool
Experts
Expert Advisor (EA) that utilizes the basic EMA  Distance strategy along with RSI for take profit, and employs support and resistance levels from the Zigzag indicator as stop-loss and take-profit points, you can follow these guidelines: Dow Theory Strategy : This involves analyzing trends using the Dow Theory principles, mainly focusing on identifying primary trends (bullish or bearish) and secondary trends (corrections). You'll need to implement rules for identifying these trends based on price
FREE
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Rachyut Senakool
Experts
This EA opens orders based on trends. It sets a stop loss (SL) when the price moves negatively and a take profit (TP) when each order becomes profitable. The EA has a Martingale-like behavior, and it appears that SL might not always be set if the conditions aren't fully met. Users should be prepared for potential account wipeout, but the advantage is that the starting capital is only $1000. You can use this EA to work towards recovering your initial investment, then let it continue running. The
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Gold Blue Circle C44 SS28 MT4
Rachyut Senakool
Experts
This EA opens orders based on trends. It sets a stop loss (SL) when the price moves negatively and a take profit (TP) when each order becomes profitable. The EA has a Martingale-like behavior, and it appears that SL might not always be set if the conditions aren't fully met. Users should be prepared for potential account wipeout, but the advantage is that the starting capital is only $1000. You can use this EA to work towards recovering your initial investment, then let it continue running. The
FREE
WhaiteRadian Oracle
Rachyut Senakool
Experts
ภาษาไทย EA ตัวนี้เป็นระบบเทรดอัตโนมัติสำหรับ MetaTrader 5 (MT5) ที่ออกแบบมาเพื่อวิเคราะห์ทิศทางและโครงสร้างของตลาด ก่อนค้นหาจังหวะเปิด BUY หรือ SELL ที่เหมาะสม โดยใช้ข้อมูลจาก Swing, Trend, Liquidity, Supply & Demand, Break of Structure (BOS) และ Momentum มาประกอบการตัดสินใจร่วมกัน แนวคิดหลักของระบบคือ เลือกทิศทางการเทรดให้ถูกต้องก่อน แล้วจึงค้นหา Entry ที่มี Risk/Reward เหมาะสม เมื่อพบโอกาสที่ผ่านเงื่อนไข EA จะคำนวณจุดเข้า, Stop Loss, Take Profit และบริหารความเสี่ยงของแต่ละออเดอร์อย่างเป็น
RiskRecovery
Rachyut Senakool
Experts
White Radian Oracle Risk Recovery White Radian Oracle Risk Recovery is an Expert Advisor for MetaTrader 5 designed around simple RSI entries, market-direction filtering, ATR-based protection, and basket-level risk recovery. The system does not rely on fixed lot multiplication. Each new position is evaluated against the remaining basket risk before an order is opened. Trading Logic The Expert Advisor uses RSI Period 3 as the main entry signal. By default: Buy signals are detected when RSI reaches
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AlexisTaylor
19
AlexisTaylor 2024.06.30 18:38 
 

L'utente non ha lasciato alcun commento sulla valutazione.

Rachyut Senakool
4948
Risposta dello sviluppatore Rachyut Senakool 2024.07.02 08:06
Thank you very much for liking the EA I created. For the MT4 version, I can't find the original file because this EA is the first EA I've made and I've been trial and error until I can't remember the original structure. If I were to install a new EA, I would install both versions for MT4 and MT5. Or would you prefer an MT4 version of the RSI strategy, but it might work a little differently?
Raoul Paul Xavier De Jong
1360
Raoul Paul Xavier De Jong 2024.06.27 21:23 
 

it's ok....

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