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RSI Level EA

5

A simple EA that trades based on Relative Strength Index levels.

How it works?

  • This EA trades with Relative Strength Index Level .
  • Relative Strength Index Level will base its value on the current time frame.
  • Only allows one open trade at a time.
  • Two strategy to choose,  Reversal and Trend following.
  • Optimize risk management settings for lot size and martingale.

Strategy:

Reversal
  • Opens a buy position if the RSI is below oversold level.
  • Opens a sell position if the RSI is above overbought level.
if Close on Reverse Trend is set to true.
  • Close a buy position if the RSI is above overbought level.
  • Close a sell position if the RSI is below oversold level.

Trend Following

  • Opens a sell position if the RSI is below oversold level.
  • Opens a buy position if the RSI is above overbought level.
  • if Close on Reverse Trend is set to true.
  • Close a sell position if the RSI is above overbought level.
  • Close a buy position if the RSI is below oversold level.
Parameters:
  • MagicNumber return an identifying (magic) number of the currently selected order.
  • Custom Comment - trade comment text.
  • Strategy - The option to choose Reversal or Trend Following. 
  • Max Spread Pips - distance between Ask and Bid, at which you allow the EA to open a trade.
  • Max Slippage - The difference between the expected price of a trade, and the price the trade actually executes at which you allow the EA to execute an order.
  • ~~~~~RSI Settings~~~~~
  • RSI Period - Input RSI period. 
  • Over Sold - Input Oversold level.
  • Over Bought - Input Overbought level. 
  • Indicator Bar Value - The option to choose current bar value or closed bar value.
  • ~~~~~Risk Management Settings~~~~~
  • Start Lot - Starting lot size.
  • Loss Factor - Multiplier of last lot size if the last trade was a loss.
  • Max Consecutive loss - Maximum Consecutive loss, it will restart to starting lot size if reached.
  • StopLoss - Stop loss value relative to open price. Measured in pips.
  • TakeProfit - Take profit value relative to open price. Measured in pips.
  • Trailing Step - Modify Stop order in steps when moves price moves to its favor, set 0 to deactivate.
  • Trail above break even - if set to true it will only trail if calculated stop loss moves in favor of the order open price. (Above Buy Order Open Price, Below Sell Order Open Price)
  • Close on Reverse Trend - if set to true, it will close open trade if it met the condition in reverse of opening the trade.
  • Use_Candle_Filter - if set to true, it will only buy if the previous candle is bullish, and sell if the last candle is bearish.
  • ~~~~~Time and Day Filter Settings~~~~~ - For Opening of Trades Only.
  • Daily Start Time - Starts to open a trade.
  • Daily Stop Time - Ends to stop opening a trade.
  • Monday - Trade on Monday.
  • Tuesday Trade on Tuesday.
  • Wednesday Trade on Wednesday.
  • Thursday Trade on Thursday.
  • Friday Trade on Friday.
  • ~~~~~Alert Settings~~~~~
  • Send_Email
  • Audible_Alerts 
  • Push_Notifications 
Martingale is a very risky strategy! 
Do not trade with money you can’t afford to lose! 
Consider withdrawal as a part of the strategy!
 
리뷰 2
Geneiryodan
1036
Geneiryodan 2021.09.05 08:27 
 

I was able to make a profit immediately after purchasing this EA. I am grateful to the author.

Vns Oktora
148
Vns Oktora 2021.02.01 02:47 
 

Works good! Of course with the right money management. Thanks

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Dilwyn Tng
4.98 (639)
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Marzena Maria Szmit
5 (3)
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Bogdan Ion Puscasu
4.91 (126)
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Chen Jia Qi
5 (11)
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Profalgo Limited
5 (6)
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Stanislav Tomilov
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Marco Solito
4.76 (55)
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Lo Thi Mai Loan
5 (4)
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Aleksandr Chebotaev
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
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Stanislav Tomilov
4.38 (8)
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Marzena Maria Szmit
5 (8)
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Thi Thu Ha Hoang
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Sugianto
5 (1)
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Lo Thi Mai Loan
5 (1)
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Join Group ( better copy-paste the address) or contact me. https://t.me/ +h7dqVWG3Z01hMzc0 Super LAUNCH OFFER: 189$ Live Signal *  ( set used here ) VERY IMPORTANT: Before you purchase-test this EA : DOWNLOAD history of pair in 1M Use spread below 30 point. You must have a HEDGE BROKER that allows more than 300 orders at the same time in one account.(contact me if you do not know any .) Super Hedge Modus Multipair function => If you run more than 1 pair in same account and you DO NOT C
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Ugochukwu Mobi
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Bogdan Ion Puscasu
4.71 (84)
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Marzena Maria Szmit
4.65 (23)
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ADELYN CASTILLO
4.92 (26)
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lizhi fu
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Ho Tuan Thang
4.63 (8)
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LEE SAMSON
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Profalgo Limited
4.67 (3)
프로모션 시작: 399$에 1개만 구매 가능 최종 가격: 2000$ 이 EA는 제한된 수의 사본만 판매됩니다. 시장에서 가장 발전된 "평균 역방향" 거래 로봇 인   Luna AI Pro EA를   사용하여 인공 지능의 힘을 발휘하고 거래를 전례 없는 수준으로 끌어올리십시오 . 노련한 거래자와 초보자 모두에게 적합하도록 설계된 이 최첨단 AI 기반 시스템은 거래 전략을 최적화하고 수익을 극대화할 수 있는 다양한 기능을 갖추고 있습니다. Luna AI Pro로 거래 전략의 잠재력을 최대한 활용하십시오.   거래의 미래를 받아들이고 고급 인공 지능이 투자 여정에 혁명을 일으키도록 하십시오. 오늘 AI의 힘을 경험하고 전 세계적으로 성공한 트레이더 대열에 합류하십시오. 이 EA가 다른 이유: OneChartSetup -> 1개의 단일 차트에서 모든 쌍 실행 개별 성능 모니터: 각 쌍은 성능이 좋지 않으면 자동으로 위험이 감소하고 다시 수익성이 있으면 다시 증가합니다. 마팅게일,
Gold Garden MT4
Chen Jia Qi
5 (3)
Deep learning is reshaping gold trading, with intelligent assistants tending to trading gardens like skilled gardeners. The "Gold Garden" EA employs deep learning intelligent technology and 20 years of data training to significantly enhance strategy performance. With it, trading becomes more effortless and intelligent. Let's join hands to usher in the intelligent era and transform trading into a blissful garden. This will be your exclusive Gold Garden Steward. The MT5 version: Gold Garden MT5
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Master Stochastic
Genesis Hafalla
4 (1)
How it works? This EA trades with Stochastic signal and base line crossovers. Only allows one open trade at a time on the currency you have attached this EA. Opens a Buy position if the signal line crosses below base line below the value you set in BuyBelow parameter. Opens a Sell position if the signal line crosses above base line above the value you set in SellAbove parameter. This EA will work in any time frame and in any pair, Stochastic oscillator will base its data on the current time fram
How it works? This EA trades with Fast MA and  Slow MA  crossovers. Moving Average will base its value on the current time frame. Only allows one open trade at a time. Two strategy to choose,  crossover and trend following. Optimize risk management settings for lot size and martingale. Strategy: Crossover Opens a Buy position if the  Slow MA  crosses below  Fast MA. Opens a Sell position if the  Slow MA  crosses above  Fast MA. Trend Following Opens a Buy position if the  Slow MA  is below  Fast
Stochastic Crossover EA
Genesis Hafalla
5 (6)
How it works? This EA trades with Stochastic   Signal Line  and  Base Line  crossovers. Stochastic  will base its value on the current time frame. Only allows one open trade at a time. Two strategy to choose,  crossover and trend following. Optimize risk management settings for lot size and martingale. Strategy: Crossover Opens a buy position if the Signal Line  crosses below  Base Line and base line is below the Buy below crossover level. Opens a sell position if the Signal Line  crosses above
LogicalTraderEA
Genesis Hafalla
5 (8)
LogicalTraderEA is a Hedging expert advisor which uses a grid recovery strategy. Trading Strategy LogicalTraderEA trades on all types of pairs. It works most efficiently on an account with a high margin, which plays a huge role in any strategy. The user has to be able to consider withdrawal as a part of the strategy. This EA works on all time frames without losing its efficiency, but it works most efficiently in the H1 time frame. I have already set the most optimal default parameters in accorda
This EA utility does not trade on its own, but it only modifies the open  trades  to add take profit and stop loss that was  opened manually or by any other expert advisors.  The distance is based on Average True Range Indicator(ATR). How Does It Work? If Symbol to modify is set to "All Symbol" simply attach it to one chart, and all open trades in the entire terminal will set the take profit and stop loss with the distance of Average True Range value of their corresponding symbol.  If  Symb
This EA utility opens trade when price touches trend line on your chart. How to use in 2 steps? Attached this utility on your chart with your desired parameters  and risk management settings set. Draw a line using " Horizontal line tool " or  " Trend line tool " on your chart. Rules: You can draw a minimum of 1 line and a maximum of 2 lines  in the chart. It will only trade once on a symbol when it touches the line. You need to have a  fundamental knowledge about trend line trading. Parameters:
Universal TP SL Pips
Genesis Hafalla
5 (1)
This EA utility does not trade on its own, but it only modifies the   open  trades    to add   take profit   and   stop loss   that was  opened manually or by any other expert advisors.  The distance is based on Pips . How Does It Work? If   Symbol to modify   is set to   "All Symbol"   simply attach it to one chart, and all   open trades   in the entire terminal will set the   take profit   and   stop loss   .  If  Symbol to modify   is set to   "Local Symbol"   , it will only set the
Stochastic Cross Arrow  is an indicator that automatically places arrow when stochastic K and D line crosses each other on a certain level. Buffer Guide For Developers: Buffer 0 =Buy Arrow Buffer 1 =Sell Arrow Inputs: ---Stochastic Settings--- %K  - %K value. %D  - %D value. Slowing  - Slowing value . Stochistic Method   -  Moving Average method. It can be any of enumeration values.  Newbar - arrow only appear on new bar. Buy_Msgs - type info message when buy arrow appears. Sell Msgs - type inf
Stochastic Cross Arrow  is an indicator that automatically places arrow when stochastic K and D line crosses each other on a certain level. Buffer Guide For Developers: Buffer 0 =Buy Arrow Buffer 1 =Sell Arrow Inputs: ---Stochastic Settings--- %K  - %K value. %D  - %D value. Slowing  - Slowing value . Stochistic Method   -  Moving Average method. It can be any of enumeration values.  Newbar - arrow only appear on new bar. Buy_Msgs - type info message when buy arrow appears. Sell Msgs - type inf
How it works? This EA trades with Stochastic Signal line  Cross over low and high levels. Only allows one open trade at a time on the currency you have attached this EA. if Reverse Logic is FALSE  will open BUY if Stocha Signal Line Cross below Low Level  will open SELL if Stocha Signal Line Cross Above High Level if Reverse Logic is TRUE  will open SELL if Stocha Signal Line Cross below Low Level  will open BUY if Stocha Signal Line Cross Above High Level Key difference with my other EA " Maste
필터:
Geneiryodan
1036
Geneiryodan 2021.09.05 08:27 
 

I was able to make a profit immediately after purchasing this EA. I am grateful to the author.

Vns Oktora
148
Vns Oktora 2021.02.01 02:47 
 

Works good! Of course with the right money management. Thanks

리뷰 답변
버전 1.5 2021.07.27
Added Custom Comment - trade comment text.
버전 1.4 2021.02.10
Change the logic of Trail to move on step.
Added Trail above break even, if set to true it will only trail if calculated stop loss moves in favor of the order open price.
버전 1.3 2020.06.10
Added "Use_Candle_Filter"- if set to true, it will only buy if the previous candle is bullish, and sell if the last candle is bearish.
버전 1.2 2020.03.29
Changed default settings.
Changed product description on "About Tab".
Added voice instruction on clicking contact me button.