Rsi Fibonacci Gold
- Experts
-
Ignacio Agustin Mene Franco
My name is Ignacio, I have more than 5 years of experience in the market, both forex and synthetic indices, I program indicators to provide the user with a better trade! - Versione: 2.0
- Attivazioni: 5
RSI FIB Gold v2.00 – Professional Expert Advisor for XAUUSD
RSI FIB Gold is an advanced and highly visual Expert Advisor designed specifically for trading gold (XAUUSD) on MetaTrader 5. It intelligently combines three proven technical pillars: RSI divergences, Fibonacci levels, and a volume filter, all integrated into a scalping system with a controlled and secure pending order grid.
Main Strategy
The EA generates entry signals based on the confluence of the following elements:
RSI with Divergence Detection: Identifies bullish divergences (price makes a lower low while the RSI makes a higher low in the oversold zone) and bearish divergences (price makes a higher high while the RSI makes a lower high in the overbought zone). This allows for capturing potential reversals with a higher probability.
Dynamic Fibonacci Retracement: Automatically calculates key levels (38.2%, 50.0%, and 61.8%) from recent highs and lows. Filter entries so that buys occur primarily near Fibonacci support levels and sells near resistance levels, taking advantage of the most respected levels in gold.
Volume Filter: Only allows trading when the current tick volume exceeds a configurable multiple of the moving average, ensuring that trades are executed during periods of peak market interest and higher probability of price movement.
Controlled Grid Entry System
Once the signal is confirmed, the EA does not enter the market directly, but instead places pending orders (Buy Stop / Sell Stop) at a configurable distance (Delta). This allows you to:
Avoid premature entries in ranges.
Build a small, staggered grid (up to a configurable maximum number of pending orders).
Maintain controlled risk thanks to fixed Stop Losses in pips and maximum distance limits.
Advanced Risk and Profit Management
Flexible Money Management: fixed lot sizes or percentage risk of the balance.
Auto Take Profit: automatically closes positions upon reaching a target profit pip.
Dynamic and Aggressive Trailing Stop: with configurable start, step, and break-even points. Includes an aggressive mode that reduces the trailing stop distance as profit increases.
High spread protection, minimum stop distance, and margin check. Configurable time filter to trade only in desired sessions. Premium Visual Interface – “Cyan Matrix Style”
One of the most outstanding features of RSI FIB Gold is its professional, real-time dashboard with a cyber/cyan matrix style:
Live display of: Balance, Equity, Drawdown, Spread, current RSI, and status (Overbought/Oversold/Neutral).
Divergence detection with visual highlighting.
Complete Fibonacci levels with prices.
Open positions, outstanding positions, lots, P&L in dollars and pips.
Current vs. average volume.
Highlighted average trailing and take-profit/stop-loss levels.
In addition, it automatically draws Fibonacci lines on the chart with clear labels, facilitating effortless visual tracking.
Key Technical Features
Optimized for XAUUSD (gold).
Secure handling of pending orders and positions.
Fully customizable, high-contrast dashboard.
Low resource consumption.
Version 2.00 with improvements to divergence, aggressive trailing, and visuals. RSI FIB Gold is designed for traders seeking a visually appealing Expert Advisor (EA) with solid technical logic (RSI + Fib + Volume) and professional risk management, ideal for both intraday scalping and trading in the volatile gold market.
