AI Stochastic RSI Scalper

Short term entries from Stochastic RSI crosses in extreme zones, filtered by the main trend.

How it works

Stochastic RSI is calculated inside the EA from the built-in RSI, with %K and %D smoothing, on the M15 signal timeframe by default.

A buy needs %K crossing above %D after being in the oversold zone, with price above the trend EMA (200 by default). Sells are the mirror image.

Stops and targets are ATR based, with break-even and trailing management to protect open trades.

Key features

• Internal Stochastic RSI with %K and %D smoothing
• Oversold and overbought levels you can change
• EMA trend filter that can be switched off
• ATR based stop and reward ratio target
• Risk based lot size with a maximum lot cap and free margin check
• ATR based break-even and trailing stop
• One position at a time, no grid, no martingale, no averaging
• Every trade is opened with SL and TP
• Small on-chart status panel

Recommended

Liquid Forex pairs and XAUUSD with low spreads. M15 signal timeframe by default; M5 to H1 can be used.

Inputs

Risk percent, lot cap, magic number, RSI and stochastic periods, smoothing, zone levels, trend EMA, ATR stop, reward ratio, break-even and trailing.

Risk note

Trading involves substantial risk. Test the EA on a demo account first and use a risk level you are comfortable with.