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Experts

jMaster RSI - expert for MetaTrader 5

Published by:
Vladimir Karputov
Views:
4484
Rating:
(13)
Published:
2019.01.02 14:34
jMaster RSI.mq5 (105.85 KB) view
\MQL5\Indicators\
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Idea by jirimac

mq5 code author - barabashkakvn

The Expert Advisor is based on the RSI Custom Smoothing indicator. Regression is calculated before a signal is generated.

jMaster RSI

The EA can apply one of the following three trailing types:

  • ... by Pips Mode - regular trailing stop
  • ... by Highest/Lowest of Range of Bars - Stop Loss is calculated as the highest/lowest of all values within N bars
  • ... by High/Low of Bar x - Stop Loss is calculated as the highest/lowest price of the Nth bar

Similarly, you can choose between three Stop Loss and Take Profit options:

  • ... by Pips Mode - regular Stop Loss and Take Profit
  • ... by Highest/Lowest of Range of Bars - Stop Loss and Take Profit calculated as the highest/lowest of all values within N bars
  • ... by High/Low of Bar x - Stop Loss and Take Profit calculated as the highest/lowest price of the Nth bar


Translated from Russian by MetaQuotes Ltd.
Original code: https://www.mql5.com/ru/code/23199

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