EAVN005 Relative Strength Index
- Эксперты
- Версия: 5.0
EAVN005 – Trading with RSI Indicator
"The image in Tap Screenshots shows the result of an optimization for XAUUSD on the M15 timeframe, configured with BUY-only settings. You may consider adjusting the parameters when trading XAUUSD, as the recent trend favors opening BUY orders."
⚙️ Installation Guide
General Settings
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EA Name: The name of the Expert Advisor.
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Magic Number: Assign a unique Magic Number for each chart to prevent order conflicts.
Trading Settings
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Position Options: Select whether to open BUY or SELL orders manually.
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Lot Size: Default is 0.01. Can be adjusted to increase trade volume.
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Lot Step Cycle (0 = off): Enables DCA (Dollar-Cost Averaging) strategy. Example: Lot Step Cycle = 3
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Buy 1: 0.01
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Buy 2: 0.01
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Buy 3: 0.01
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Buy 4: 0.02 (increased by lot step)
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Strategy Settings
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Open Position Method:
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In Oversold Zone / In Overbought Zone
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Out of Oversold Zone / Out of Overbought Zone
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RSI Period: 14
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RSI MA Period: 7 (Moving Average of RSI value)
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RSI Oversold Level: 30
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RSI Overbought Level: 70
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RSI Applied Price: Close Price
Account Protection
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Take Profit Mode: Choose between "Take Profit on Target" or "Take Profit Early".
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Close Position for Minimum Profit (USD): Closes trades when a minimum profit in USD is reached.
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Close Position When Margin Free < 50%: If enabled, the EA will close all trades when free margin drops below 50% of the account balance to protect capital.
Information Display
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Show/Hide Indicator: Toggle true/false to display or hide EA indicators. Recommended to keep enabled for better monitoring.
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Show/Hide Panel: Toggle true/false to display account information. Recommended to keep enabled.
