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RSI Multi Currency EA MT5

The RSI Multi-Currency EA leverages the Relative Strength Index (RSI) to identify trend reversals and continuations. This EA provides customizable settings for RSI-based entry and exit strategies, making it highly adaptable to various market conditions. It supports multi-currency trading, grid recovery, hedging, martingale strategies, and dynamic position sizing, ideal for traders who require flexibility and precision in their trades across multiple currency pairs.

For detailed documentation  General Settings/Input Guide |  Indicator Settings, Backtest and Set files 

Key Features:

  • Multi-Currency Trading:

    • Monitor and trade multiple currency pairs simultaneously.
    • Example: EURUSD, GBPUSD, USDCHF.

  • RSI Strategy:

    • Entry and exit conditions based on customizable RSI parameters.
    • Entry strategies: Various options to suit different trading styles.
    • Exit strategies: Multiple options, or disable exits entirely.

  • Group Stop-Loss/Take-Profit:

    • Automatically close all trades when combined profit or loss thresholds across all pairs are met.

  • Recovery Strategies:

    • Grid Recovery: Adds trades in a grid pattern to recover losses.
    • Hedge Strategy: Opens counter trades to manage risk.
    • Martingale Strategy: Increases trade size progressively to recover losses.

  • Position Sizing:

    • Dynamically calculate lot sizes based on risk or fixed lot settings.

  • Filters:

    • Day Filter: Enable or disable trading on specific weekdays.
    • Time Filter: Define active trading hours.

  • Alerts/Notifications:

    • Receive notifications for important trading events via platform alerts or email.

This format provides a high-level overview of the RSI Multi-Currency EA's functionality, along with a link to access more detailed documentation.


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Experten
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Indikatoren
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Version 2.0 2024.11.21
performance improvement for bar calculation method