JobStoch mt5

A professional bot that implements a trading strategy based on RSI and Envelopes indicators. The analysis is carried out by the levels of price intersection with the Envelopes lines, for a breakdown of any of the lines, if an upward breakdown then this is a buy signal, if a downward breakdown of any line is a sell signal. In this case, a breakdown of one of the RSI levels is also required. An upward breakdown of any level is a buy signal, and a downward breakdown of any level is a sell signal. The EA correctly handles errors and reliably works with capital of $ 100, 1000 $ is recommended. The Expert Advisor uses basic concepts: trailing stop, stop loss and take profit, as well as closing on the opposite signal in profit.

Parameters

• Magic - Magic number, arbitrary integer.
• BaseTF - The period during which the Expert Advisor works.
• SetupFilling - Method of calculating the balance.
• OnRisk - Activates the Percent Risk field.
• Lot - Lot as a constant.
• Percent Risk - The risk with which we enter the market is set as a percentage of losses from the total deposit.
• Spread Max - Spread limit.
• StopLoss - Stop Loss.
• TakeProfit - Take profit.
• Trailing Start - Trailing stop start level. 0 - Disabled.

RSI indicator settings

• RSI_PERIOD, RSI_APPLIED_PRICE, RSI_LEVEL_UP, RSI_LEVEL_DN

ENVELOPES indicator settings

• ENVELOPES_PERIOD, ENVELOPES_SHIFT, ENVELOPES_METHOD, ENVELOPES_APPLIED_PRICE, ENVELOPES_DEVIATION