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RSI Strategies EA

3.67

RSI strategies EA supports multiple RSI based strategies. Purchasing this EA can save you the time taken to automate your existing RSI strategy, through coding a custom EA and it also helps you discover profitable RSI strategies as its fully compatible with the strategy tester and all settings are editable. The EA supports both scalping, short term and long term strategies. The various supported settings are explained below:

NOTE: The default settings in the EA are simply place holders. Before using the EA, please enter your own settings that work for you best.

Trade settings

  • Lots- This is the lot size for opening trades. If this value is greater than zero, then fixed lots will be used.
  • RiskPercentage- The percentage of free margin to risk in a trade. The Lots setting must be left as 0 to use this setting instead.
  • TakeProfit- The fixed take profit value in points. If 0 then no take profit will be set.
  • StopLoss- The fixed stop loss value in points. If 0 then no stop loss will be set.
  • CloseOnReverseSignal- If set to 1 or true, then trades will be closed if a trade signal opposite the one that opened the trade appears.
  • WaitForCrossBarClose- A trade will only occur after the bar where the cross occured closes.
  • OneTradeAtAtime- If set to true, then only one trade will be opened at a time.
  • MaximumTrades- If this setting is greater than 0, then the EA will be limited to a maximum of this number of trades at any one time.

Settings for trailing stop;

  • AllowTrailingStop- This setting must be set to true if trailing stop is to activate.
  • TrailDistance- The trailing stop will be this distance in points away from the price.
  • TrailTrigger- The trailing stop will only start when the trade is at least this number of points in profit.
  • TrailStep- After the trailing is active, a new modification will only occur when there is at least a change of this points. This prevents too many trade modifications on every little price change and hence saves on memory usage.

Settings for the RSI indicator;

  • RSIperiod- Period setting for the RSI indicator.
  • AppliedPrice- Applied price setting for the RSI indicator. Set 0 for close price, 1 for open price, 2 for maximum price, 3 for minimum price, 4 for median price, 5 for typical price and 6 for weighted close price.
  • BuyPoint- RSI level of which if crossed upwards, a buy trade opens and any open sell trade from the ea is closed.
  • SellPoint- RSI level of which if crossed downwards, a sell trade opens and any open buy trade from the ea is closed.

In the EA, a buy signal or uptrend is when the RSI crosses the BuyPoint setting upwards and a sell signal or downtrend is when the RSI crosses the SellPoint setting downwards.

Recensioni 3
PeterSwaby
1483
PeterSwaby 2019.08.30 11:06 
 

This expert advisor is very good value for money.

Regards

Peter

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The S9M Trading Robot – a cutting-edge, fully automated 2nd generation InrexEA DB system by OpenEA. This innovative solution learns from XAUUSD market trends and incorporates the best aspects of the retired Ea YOLO Diamond Hands. Structure of InrexEA Database: Clients > InrexEA DB > OpenAI > InrexEA DB analysis > Clients  InrexEA DB is a cutting-edge database solution primarily built using the powerful Python programming language. It goes beyond the limitations of MQL4 and MQL5 codes to provide
Exp4 AI Sniper for MT4
Vladislav Andruschenko
5 (2)
Il nostro team è entusiasta di presentare Trading Robot, il consulente esperto di trading intelligente all'avanguardia per il terminale MetaTrader. AI Sniper   è un robot commerciale intelligente e auto-ottimizzante progettato sia per i terminali   MT4   . Utilizzando un algoritmo sofisticato e metodologie di trading all'avanguardia,   AI Sniper   incarna l'eccellenza nell'ottimizzazione del trading. Con oltre 15 anni di vasta esperienza sia nei mercati borsistici che azionari, il nostro team h
Hercules AI MT4
Aleksandr Chebotaev
2 (1)
Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
Boring Pips MT4
Thi Thu Ha Hoang
5 (12)
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
AI TradingVision GPX MT4
Yu Mei Cheng
4.64 (14)
Strategy Introduction The EA will find the best entry and exit points based on the data trained by the neural network and the current market trend. It includes multiple loss exit strategies to ensure capital safety. Because the market is full of uncertainties, it is impossible to enter at the most ideal point every time. Our EA uses a unique batch entry method, adding up to 5 entry points. Even occasional misjudgments can quickly recover subsequently. Each order has a fixed stop loss (SL) and t
AW Classic MACD EA
AW Trading Software Limited
3.67 (3)
Sistema di trading completamente automatizzato. Un classico indicatore viene utilizzato come segnali       MACD   , che combina un indicatore di tendenza con un oscillatore per rilevare i punti di ingresso. Utilizza la media, la funzione di chiusura del primo e dell'ultimo paniere di ordini e la funzione di calcolo automatico del lotto. Ha una dashboard avanzata e tre tipi di notifiche. Problem solving ->   HERE  / MT5 version ->  HERE   /   Instruction  ->   HERE   Benefici: Sistema di tradi
ONLY 3 COPIES OUT OF 10 LEFT AT $199! After that, the price will be raised to $299. - REAL SIGNAL: Default Setting:  https://www.mql5.com/en/signals/2258186 Gold Trading AI is an EA that uses artificial intelligence technology to analyze data of many indicators. From there, EA will have the best option to enter orders. The biggest difference of Gold Trading AI is that the EA can control the Risk:Reward ratio much better than other EAs.That is possible thanks to a set of tools to control entry
GRain EA MT4
Roman Erokhin
4.5 (6)
Good afternoon. My name is Roman, I am the creator of Gold Rain EA. I have been preparing for its realization for a long time, went through a lot of tests and now I finished the product and went on sale with a live good signal. My motto is to use only live signals, I do not release products without history or lack of real accounts. Now you have the opportunity to try Gold Rain EA in your hands. I will help every client to customize and install EA, from beginner to pro. Tired of complicated EA mo
EA Top G
Mohamed Hassan
5 (10)
Current price of $50 for 4  more copies! Next price is: $85 Live Signal : Click here  -- Don't buy a fake backtest, get a real strategy on a real signal!  After purchase, If you genuinely like this robot, you can receive EA Interceptor for Free ! Contact me for more information regarding this BONUS ! EA TOP G  is a multi-currency expert advisor  based on trend following . It uses a hedge system with a very good risk management. It's an ideal candidate for CENT accounts and big balances. It
Altri dall’autore
Automatic stops monitors your account and automatically sets the values you enter in the EA for stop loss, take profit and also trailing stop. As long as the EA is attached on a chart it will set stops and offer automatic trailing to any new trades for that currency pair so you wont have to manually enter them every time you open a trade. Features include: Ability to select which trades should be monitored via magic number. You can leave the value to 0 to only monitor manual trades or to any one
Free automatic Fibonacci is an indicator that automatically plots a Fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The Fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe
FREE
Free TrendLine EA opens trades whenever the price on the chart interacts with or crosses your trend line. You simply draw the trend line manually then let the EA do the trading automatically according to the rules you give it. The settings available in the EA are explained below: Lots : The lot size for trading. RiskPercentage : Set a value other than zero to activate lot sizing by use of percentage of margin. TrendLineName:   The name of the line to track. You can either   * rename the trend li
FREE
Free automatic Fibonacci is an indicator that automatically plots a Fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The Fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with differe
FREE
Trade simplifier is a trade panel that simplifies trade opening. It is simple and easy to understand, with key features to ease trading. Features include: Order type selection Fixed lot entry from the chart user interface Easy Take profit entry field on the chart user interface Visual take profit selection and adjustment via the line that appears when you click the Take Profit button Easy Stop loss entry field in points on the chart user interface  Visual Stop Loss selection and adjustment  vi
FREE
Trade simplifier is a trade panel that simplifies trade opening. It is simple and easy to understand, with key features to ease trading. Features include: Order type selection Fixed lot entry from the chart user interface Easy Take profit entry field on the chart user interface Visual take profit selection and adjustment via the line that appears when you click the Take Profit button Easy Stop loss entry field in points on the chart user interface  Visual Stop Loss selection and adjustment  vi
FREE
Parabolic SAR strategies EA is a Parabolic SAR EA that can support multiple strategies. Purchasing this EA can save you the time taken to automate your existing PSAR strategy through coding a custom EA and it also helps you discover profitable Parabolic SAR strategies as its fully compatible with the strategy tester and all settings are editable. The EA supports both scalping, short term and long term strategies. The various supported settings are explained below: NOTE:   The default settings in
Free TrendLine EA
Tonny Obare
4.5 (4)
Free TrendLine EA opens trades whenever the price on the chart interacts with or crosses your trend line. You simply draw the trend line manually then let the EA do the trading automatically according to the rules you give it. The settings available in the EA are explained below: Lots : The lot size for trading. RiskPercentage : Set a value other than zero to activate lot sizing by use of percentage of margin. TrendLineName: The name of the line to track. You can either * rename the trend line t
FREE
Free RSI EA
Tonny Obare
4 (5)
Free RSI expert advisor is a completely free expert advisor that trades using rsi level crosses. You can set which levels the Ea should use to open and close trades. The various settings are explained below. NOTE: The default settings are just place holders and not necessarily the best. Use the settings that best suites you or your strategy. Lots - This is the lot size of the EAs trades. 0.1 is the default setting. AllowBuy - Set to true to allow buy trades. This setting is true by default. Allo
FREE
MACD   strategies EA is a EA that can support multiple   MACD   strategies. Purchasing this EA can save you the time taken to automate your existing   MACD   strategy through coding a custom EA and it also helps you discover profitable   MACD   strategies as its fully compatible with the strategy tester and all settings are editable. The EA supports both scalping, short term and long term strategies. The various supported settings are explained below: NOTE:   The default settings in the EA are s
MA strategies EA
Tonny Obare
5 (4)
MA strategies EA is a moving average cross EA that can support multiple MA cross strategies that involve two or three moving averages. Purchasing this EA can save you the time taken to automate your existing MA strategy through coding a custom EA and it also helps you discover profitable moving average strategies as its fully compatible with the strategy tester and all settings are editable. The EA supports both scalping, short term and long term strategies. The various supported settings are e
MA strategies EA is a moving average cross EA that can support multiple MA cross strategies that involve two or three moving averages. Purchasing this EA can save you the time taken to automate your existing MA strategy through coding a custom EA and it also helps you discover profitable moving average strategies as its fully compatible with the strategy tester and all settings are editable. The EA supports both scalping, short term and long term strategies. The various supported settings are ex
Free Parabolic SAR EA
Tonny Obare
1.5 (2)
Free parabolic SAR expert advisor is a completely free expert advisor that trades using Parabolic SAR dots. It opens and closes trades based on the first dots of a new trend. The various settings are explained below. Parameters NOTE: The default settings are just place holders and not necessarily the best. Use the settings that best suites you or your strategy. Lots - This is the lot size of the EAs trades. 0.1 is the default setting. StopLoss - Stop loss setting. AllowBuy - Set to true to all
FREE
Profitstat free
Tonny Obare
4 (2)
Profitstat is a free indicator that scans your history and displays it on the chart. The free version shows the number of trades and profit made on the current and previous day. The data is updated instantly as soon as a trade closes. Simply attach it to any chart and it gives the account data irrespective of the chart currency nor timeframe.
FREE
Profitstat premium version scans your trading history and displays performance on the chart. The premium version is far more flexible than the free one. The premium version contains the following features that you won't find in the free version: Ability to horizontally position the indicator as you prefer. Ability to display results in money or in pips with the option to hide or display one or both of them. An option to show stats for only the chart symbol. An option to only show data from a cer
Automatic stops monitors your account and automatically sets the values you enter in the EA for stop loss, take profit and also trailing stop. As long as the EA is attached on a chart it will set stops and offer automatic trailing to any new trades for that currency pair so you wont have to manually enter them every time you open a trade. Features include: Ability to select which trades should be monitored via magic number. You can leave the value to 0 to only monitor manual trades or to any one
Parabolic SAR strategies EA is a Parabolic SAR EA that can support multiple strategies. Purchasing this EA can save you the time taken to automate your existing PSAR strategy through coding a custom EA and it also helps you discover profitable Parabolic SAR strategies as its fully compatible with the strategy tester and all settings are editable. The EA supports both scalping, short term and long term strategies. The various supported settings are explained below: NOTE: The default settings in t
Automatic fibonacci with alerts is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appear amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with d
Fibonacci strategies EA trades Fibonacci levels. You can choose whether the EA should trade a manually plotted fibonacci or whether it should automatically plot a fibonacci. In automatic fibonacci drawing mode, the EA automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values
MACD strategies EA is a EA that can support multiple MACD strategies. Purchasing this EA can save you the time taken to automate your existing MACD strategy through coding a custom EA and it also helps you discover profitable MACD strategies as its fully compatible with the strategy tester and all settings are editable. The EA supports both scalping, short term and long term strategies. The various supported settings are explained below: NOTE:   The default settings in the EA are simply place ho
Trade simplifier premium is a trade panel that simplifies trade opening. It is simple and easy to understand, with key features to ease trading. Features include: Order type selection Fixed lot entry from the chart user interface Easy Take profit entry field on the chart user interface Visual take profit selection and adjustment via the line that appears when you click the Take Profit button Easy Stop loss entry field in points on the chart user interface  Visual Stop Loss selection and adjust
Automatic fibonacci with alerts is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appear amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with d
Trade simplifier premium is a trade panel that simplifies trade opening. It is simple and easy to understand, with key features to ease trading. Features include: Order type selection Fixed lot entry from the chart user interface Easy Take profit entry field on the chart user interface Visual take profit selection and adjustment via the line that appears when you click the Take Profit button Easy Stop loss entry field in points on the chart user interface  Visual Stop Loss selection and adjust
Filtro:
Jesroy
126
Jesroy 2023.07.11 09:21 
 

this is an incomplete EA for the price the author is asking - news filter and trading hours filter please, also grid is missing.

anonimou anonimo
28
anonimou anonimo 2019.09.04 01:30 
 

My opinion is that you should turn it upside down, when the robot comes in short it must go long or vice versa, I don't know if you understand me,

I give you 3 stars because I see that it is on the right track, but you should give the option to change that, in addition to adding what I told you before giving the option to close in equity thanks

I like the robot a lot, but I've been changing the configuration and testing for a week, but I've only reached those two solutions

once again sorry for my english

PeterSwaby
1483
PeterSwaby 2019.08.30 11:06 
 

This expert advisor is very good value for money.

Regards

Peter

Rispondi alla recensione
Versione 1.4 2021.06.17
Minor updates.
Versione 1.3 2020.02.23
A bug in the trailing stop sorted.
Versione 1.2 2019.07.15
Minor updates.
Versione 1.1 2018.11.20
Performance improvements.