RSI MultiTimeframe
- Experts
- Aref Barakat
- Versione: 2.20
- Attivazioni: 5
Entry Conditions
My EA use multi timeframes to analyse RSI indicator.
when all Timeframes are matched with your RSI input then he will open an order.
My advice to use it as defult settings but use +15m for entries orders.
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RSI Analysis: Calculates RSI(14) across 4 customizable timeframes
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Signal Confirmation: Requires at least 3 timeframes to show:
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Buy Signal: RSI ≤ 20 (oversold condition)
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Sell Signal: RSI ≥ 80 (overbought condition)
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Spread Check: Only trades when spread ≤ 20 points (adjustable)
Position Management
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First Position: Opens with Lot1 (0.01) when signal confirms
- Note: Past performance does not guarantee future results. Trading Forex and CFDs carries a high level of risk and may not be suitable for all investors. The martingale strategy can lead to significant losses if not properly managed.
Positions: Adds new positions at 200-point intervals (adjustable) if price moves against initial position
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Progressive Lot Sizing: Increases lot size systematically through 10 possible positions
Exit Strategy
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Profit Target: Closes all positions when total profit reaches $5 (adjustable)
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Clean Reset: Automatically resets direction and position count after closing
📊 Input Parameters (Fully Customizable)
RSI Settings
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RSI_Period : RSI calculation period (default: 14)
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BuyLevel : Oversold level for buy signals (default: 20)
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SellLevel : Overbought level for sell signals (default: 80)
Timeframe Configuration
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TF1 to TF4 : 4 independent timeframes for analysis (default: M5, M15, M30, H1)
Position Management
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Lot1 to Lot10 : Progressive lot sizes for 10 possible positions
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DistancePoints : Distance between positions in points (default: 200)
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ProfitTarget : Total profit target to close all positions (default: 5.0)
Risk Management
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MaxSpreadPoints : Maximum allowed spread (default: 20)
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MagicNumber : Unique identifier for EA positions
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Verbose : Detailed logging for monitoring and optimization
🛠️ Easy Installation & Setup
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Attach to Chart: Simply attach the EA to any M5 chart
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Configure Settings: Adjust parameters to match your risk tolerance
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Enable AutoTrading: Allow the EA to execute trades automatically
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Monitor Performance: Use verbose logging to track every decision
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on gold try to avoid sell signals and use buy signals and keep 5000 pips between each order with 50$ as profit.
⚠️ Risk Management Notice
Important: This EA uses a martingale strategy which involves increasing position sizes after losses. While this can recover from drawdowns, it also increases risk. We recommend:
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Start with Demo Testing: Test thoroughly on demo account first
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Use Proper Lot Sizes: Ensure lots are appropriate for your account size
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Monitor Performance: Regularly review EA performance and adjust parameters as needed
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Understand the Strategy: Ensure you comprehend how the martingale system works
🔧 Technical Requirements
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Platform: MetaTrader 5
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Minimum Deposit: $500 recommended (varies based on lot sizes)
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Account Type: Any, but ECN/RAW accounts recommended for lower spreads
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Symbols: Best results on major Forex pairs (EURUSD, GBPUSD, etc.)
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VPS Recommended: For 24/7 operation without interruption
📈 Why Choose Our EA?
✅ Proven Strategy: Combines reliable RSI signals with intelligent position management
✅ Multi-Timeframe Confidence: Higher probability trades through timeframe confirmation
✅ Fully Automated: Hands-free operation once configured
✅ Transparent Logic: Complete source code provided for verification
✅ Customizable: Every aspect can be tailored to your trading style
✅ Professional Support: Regular updates and customer support included
💰 Take Your Trading to the Next Level
Don't miss this opportunity to automate your trading with a professionally designed system that does the hard work for you. Whether you're a seasoned trader looking to add automation or a beginner wanting a proven system, this EA provides the tools for consistent performance.
Special Launch Price: Get this advanced trading system now and start automating your success!
Note: Past performance does not guarantee future results. Trading Forex and CFDs carries a high level of risk and may not be suitable for all investors. The martingale strategy can lead to significant losses if not properly managed.
At last, will be happy to see tour feedback and reviews to improve it .
