Expert Advisor Needed Based on two Moving Averages and RSI.

MQL5 EA

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LONG TRADES

1. Look for price below the two Moving Averages (periods 100 and 50) method of the MAs is smoothed.

2. Look for oversold RSI levels

3. look for the price to break above the two Moving averages.

4. look for a retest of the of the price at the moving averages with a crossover point, take a trade after the xover point and put stop loss below the xover point.


_EXIT LONG TRADE

1. Price above the two MAs

2. look for overbought RSI

3. Price breaks below both MAs

4. price retest xover point =>exit the trade


_SHORT TRADES

1. Look for price above the two moving averages (periods 100 and 50) method of the MAs is smoothed.

2. look overbought RSI levels.

3. Look for the price to break below the two moving averages.

4. look for a retest of the price at the moving averages with a crossover point, take a trade after the crossover point and put stop loss above the crossover point 



_EXIT SHORT TRADE

Price below the two MAs

2. look for oversold RSI

3. Price breaks above both MAs

4. price retest xover point =>exit the trade


-protection against big spreads and slippage 

-please make the moving average periods interchangeable to suit different time frames when needed

- i wanna be able editing trade volumes the EA would take together with how many entries per trade.


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