FreelanceSections

RSI EA

MQL5 Experts Stocks

Specification

Indicators : RSI (normal settings)

Pair: I want to be able to change 

Entry: This is a 2 time frame entry. RSI DIVERGENCE ( to Understand Divergence go to this website. https://www.babypips.com/learn/forex/divergence-trading )

Timeframe 1: the Higher timeframe & the anchor chart. 

Timeframe 2: Lower timeframe & Entry Chart

  1. Wait for the higher timeframe to show RSI Divergence or RSI Hidden Divergence. 

  2. When you see divergence on the higher timeframe switch to the Timeframe 2 

  3. Wait for price to go into accumulation or distribution https://www.investopedia.com/trading/market-cycles-key-maximum-returns/

  4. For Bearish divergence or Bearish hidden divergence find the lowest wick of distribution and draw the support line. For Bullish divergence or bullish hidden divergence look for the highest wick and draw a resistance line.

  5. Wait for price to break and close above or below. 

  6. Stop will go 1 ATR of the lower timeframe from the low or high of the breakout candle. 

  7. I want to have the Tp of 3: 1 Reward to risk. 

  8. I want to be able to change timeframes 1&2, the Stop loss, and Take Profit to optimise it. 

  9. I will also need help setting it up. 

example 1 missed trade, because the entry chart made the big move without allowing us a chance to enter. 

Daily Non valid trade.

Example 2 

Entry


Responded

1
Developer 1
Rating
(5)
Projects
6
67%
Arbitration
2
0% / 50%
Overdue
0
Free
2
Developer 2
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(21)
Projects
24
17%
Arbitration
15
20% / 40%
Overdue
6
25%
Free
3
Developer 3
Rating
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Projects
334
55%
Arbitration
14
36% / 29%
Overdue
1
0%
Free
4
Developer 4
Rating
(586)
Projects
1048
49%
Arbitration
39
28% / 41%
Overdue
49
5%
Free
5
Developer 5
Rating
(45)
Projects
59
14%
Arbitration
31
26% / 52%
Overdue
35
59%
Free
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Project information

Budget
100+ USD
For the developer
90 USD
Deadline
from 1 to 3 day(s)