Area51 On RSI

The EA generates signals about changes in the trend. Signals can be generated using different RSI-based strategies.

When a position is opened, it is equipped with a take profit and a stop loss. If the position becomes profitable, a dynamic stop loss based on the specified values (TrailingStep and DistanceStep) is set for it and constantly trailed. This allows you to always close positions in profit.


Parameters

  • Main Settings
    • LotSize = 0.01 - fixed position volume.
    • LotAutoSize = false - enable dynamic calculation of the position volume. LotSize is ignored.
    • LotRiskPercent = 25 - risk to determine the position volume. It is calculated based on the free margin, available equity and the leverage.
    • MoneyRiskInPercent = 0 - risk as a percentage of the capital, for safety reasons, the recommended value is 32. When the specified percentage is reached, all positions with the same MagicNumber are immediately closed on all charts.
    • MaxDynamicLotSize = 0.0 - the maximum allowable lot size when the LotAutoSize function is active. If the entered value is greater than the maximum allowed value for the trading instrument, the maximum value for the instrument is used.
    • MaxMoneyValueToLose=0 - the maximum amount of risk in money.
  • Position settings
    • TrailingStep = 15 - distance from the position opening price to set trailing stop.
    • DistanceStep = 15 - step from the current price to move the trailing stop.
    • TakeProfit = 750 - it should also be set for protection against gaps.
    • StopLoss = 0 - 10000 points by default.
  • Strategies
    • UseRSIBasedIndicator = true - use the RSI-based indicator.
    • UseSimpleTrendStrategy = false - strategy based on MACD and moving average. The ADX indicator provides additional support.
    • Use5050Strategy = false - Based on RSI value: Value greater than 50 means a purchase signal, otherwise a sales signal.
  • Signal generation time
    • StartHour = 8;
    • EndHour = 20.
  • If buy/sells are predominant on the market, you can enable signals only for buying/selling.
    • OnlyBuy = true;
    • OnlySell = true.
  • AddPositionsIndependently = false - allows opening positions on every signal, regardless of the positions already opened by the robot.
  • MaxConcurrentOpenedOrders = 4 - the maximum number of positions that can be open at the same time.
  • MagicNumber = 3537 - must be unique for each symbol.
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Ti sei mai chiesto perché la maggior parte degli esperti consulenti non è efficace nel trading reale, nonostante la loro perfetta performance nei backtest? La risposta più probabile è Over-fitting. Molti EA vengono creati per 'imparare' e adattarsi perfettamente ai dati storici disponibili, ma falliscono nel prevedere il futuro a causa di una mancanza di generalizzabilità nel modello costruito. Alcuni sviluppatori semplicemente non conoscono l'esistenza del Over-fitting, o ne sono a conoscenza
Night Hunter Pro
Valeriia Mishchenko
4.38 (53)
EA has a  live track record  with many months of stable trading with  low drawdown : All Pairs 9 Pairs Night Hunter Pro is the advanced scalping system which utilizes smart entry/exit algorithms with sophisticated filtering methods to identify only the safest entry points during calm periods of the market. This system is focused on a long-term stable growth . It is a professional tool developed by me years ago that is constantly updated, incorporating all the latest innovations in the trading a
EA Budak Ubat
Syarief Azman Bin Rosli
4 (3)
Come funziona Quando l'EA è attivo, analizzerà il grafico in base al parametro Modalità di esecuzione. Se non ci sono posizioni esistenti sul grafico, l'EA aprirà un trade in base al parametro. Se il trend è rialzista, aprirà un trade di acquisto, mentre se è ribassista, aprirà un trade di vendita. Imposterà anche un ordine di stop loss a una certa distanza dal prezzo di apertura del trade se la variabile stop loss è maggiore di 0. 0 significa nessun stop loss. Se ci sono posizioni esistenti s
AI Prop Firms MT4
MQL TOOLS SL
5 (4)
AI Prop Firms - Intelligent Automation Built for   Prop Trading Firms . AI Prop Firms is an advanced fully automated Forex trading system powered by   Artificial Intelligence , developed specifically to operate within the strict rules and evaluation models of prop trading firms. The system is designed to trade under controlled risk conditions while   maintaining consistency , stability, and compliance with prop firm requirements. AI Prop Firms uses intelligent market analysis logic that continu
Gyroscopes
Nadiya Mirosh
Gyroscope        professional forex expert   (for EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, EURGBP, EURJPY, NZDUSD, USDCAD, EURCHF, AUDJPY, CADJPY pairs)   alyzing the market using the Elliot Wave Index. Elliott wave theory is the interpretation of processes in financial markets through a system of visual models (waves) on price charts. The author of the theory, Ralph Elliott, identified eight variants of alternating waves (of which five are in the trend and three are against the trend). The mov
Aussie Loonie EA MT4
MQL TOOLS SL
5 (2)
Aussie Loonie EA is a professional trading system developed exclusively for the   AUDCAD   currency pair. This cross pair is widely recognized for its stable and technical behavior, which makes it particularly attractive for traders who prefer structured and predictable market conditions rather than extreme volatility and sudden price spikes. By focusing solely on AUDCAD, the system is able to   adapt precisely   to the specific characteristics, rhythm and movement patterns of this pair. The EA
Altri dall’autore
AreaFiftyOne Free
Valeri Balachnin
4.2 (10)
Area 51 EA generates signals on different strategies. Has different money management strategies and dynamic lot size function. When a position is opened, it is equipped with a take profit and a stop loss. If the position becomes profitable, a dynamic stop loss based on the specified values (TrailingStep and DistanceStep) will be set for it and constantly trailed. This allows you to always close positions in profit.  For using the EA we recommend to use an  ICMarkets True ECN account. Parameters
FREE
AreaFiftyOne
Valeri Balachnin
Area 51 EA generates signals on different strategies. Has different money management strategies and dynamic lot size function. When a position is opened, it is equipped with a take profit and a stop loss. If the position becomes profitable, a dynamic stop loss based on the specified values (TrailingStep and DistanceStep) will be set for it and constantly trailed. This allows you to always close positions in profit.  If you want, that your manual opened positions will be handled by the EA, so you
This small tool takes over the manually opened positions and treats them according to the predefined settings with the dynamic stop loss and Money Management, which predicts which position size should be used for the trade. The program dynamically tracks the stop loss as soon as the position comes into the plus. Possible commissions and swaps are taken into calculation. It should only be installed on one chart window per symbol. Settings LotRiskPercent = 25 - Percentage of the item size. Calcul
Area51 Stochi
Valeri Balachnin
The EA generates signals about changes in the trend. Signals can be generated using different RSI-based strategies. When a position is opened, it is equipped with a take profit and a stop loss. If the position becomes profitable, a dynamic stop loss based on the specified values (TrailingStep and DistanceStep) is set for it and constantly trailed. This allows you to always close positions in profit. Parameters Main Settings LotSize = 0.01 - fixed position volume. LotAutoSize = false - enable dy
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[Eliminato] 2019.03.06 18:50 
 

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