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Martingale RSI Strategy
options: ~RSI Parameters [period value , levels]
~TimeFrame Parameter
~Exit Rule option 1 or 2. Parameter
~Arrow off\on Parameter [above\below the candle of the entery , also option to choose color for long\short]
~Martingale Parameters [lots1 - value 0.1] example!
[lots2 - value 0.2]
[lots3 - value 0.3 and more... 20 options]
if i choose 0.0 the EA will skip the trade!!!!
Market Orders Executions only!
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Rules:
Long entry:
if the price close below 30 level RSI [what i choose in the parameter level]
and then going up back to 30 and close price on 30 level or above , the EA will open BUY
the lots size of the first trade will be [lots1 - value , what i choose in Martingale Parameter]
also will show arrow below the current candle [if the arrow parameter on]
Exit Rule: option 1
when the price change to Short position
Exit Rule: option 2
when the price touching on RSI level 70 [what i choose in the parameter level]
Martingale rule
if the price Goes against the trade and back below 30 level RSI and goes up again to 30
RSI and the price below the last position the EA will open another BUY [lots2 - value And so on ...]
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Short entry:
if the price close above 70 level RSI [what i choose in the parameter level]
and then going down back to 70 and close price on 70 level or below , the EA will open SELL
the lots size of the first trade will be [lots1 - value , what i choose in Martingale Parameter]
also will show arrow above the current candle [if the arrow parameter on]
Exit Rule: option 1
when the price change to Long position
Exit Rule: option 2
when the price touching on RSI level 30 [what i choose in the parameter level]
Martingale rule
if the price Goes against the trade and back above 70 level RSI and goes down again to 70
RSI and the price above the last position the EA will open another Short [lots2 - value And so on ...]
