An EA based on the RSI indicator

MQL5 Experts

Job finished

Execution time 1 day
Feedback from customer
Great work. Very fast, responsive and helpful. Will have no hesitation using again in the future.
Feedback from employee
Nice working with him. Communicative and understanding. Thank you!

Specification

I would like a simple RSI EA- for MT5

Below are the inputs I would like to have in the EA:

* rsi period
* trade current chart.

* option to have trade open only if candle above/below set level. Trade will open at the opening of the next candle if the previous candle closes above/below the set input level.

* option to open trade if rsi touches set level- candle does not have to close above/below it.

* option to have trade open only if candle moves out of and closes outside of above/below set level.
* 1 trade open at a time option.
* option to set time of day to trade.
* target and stop level.
* break even option.
* no stop or target option.
* lot size
* option to close current open trade and open new trade (reverse on signal) if opposite rsi level reached and new signal is triggered.
* option to keep trade open until stop or target is hit. Not close if opposite signal triggered.
* reset level- example: if a long trade is stopped out then a new long trade will not be opened unless the rsi has reached a certain level. After that level is reached then a new long can be opened.
* long or short only option.
* filter- if price is below a set moving average then only a set direction can be opened and vice versa. Example: if price is below the 50 day moving average then only shorts will be opened option.

Thanks,
Dave

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Project information

Budget
35+ USD
For the developer
31.5 USD
Deadline
from 1 to 10 day(s)