RSI-SMA based EA

MQL4 Experts

Specification

I need an EA that uses RSI, SMA and EXTERNAL INPUT FROM A FILE

I currently do manual analysis based on the following three areas:

  1. Fundamental analysis - Once I have done these analysis, I make either a BUY or SELL decision
  2. COT Analysis -  Once I have done these analysis, I make either a BUY or SELL decision
  3. Analysis base on Speculative Sentimental Index -  Once I have done these analysis, I make either a BUY or SELL decision

At the end of the day I will have a recommendation for each currency pair based on the three input above (e.g. EURUSD (BUY | BUY| BUY). This could be any combination, but I only shortlist pairs that have the three parameters aligned, either BUY | BUY | BUY or SELL | SELL | SELL. Any other combination (like SELL | BUY | BUY or BUY | SELL | BUY) is not considered. 

Once I have the the shortlisted pairs based on the three input above, I then look at the two technical indicators below:

  1. Simple Moving Average - I want the price to be above 200 SMA for a BUY | BUY| BUY combination. The SMA should be customizable.
  2. RSI - For BUY and SELL triggers, i monitor the 10 period RSI and BUY when the RSI is less than 30 and exit when if goes above 40. I also  SELL when the RSI is more than 70 and exit when if goes below 60.

NOTE: For now, the three input parameters (Fundamentals, COT and SSI) above will still be analyzed manually outside the EA and have all pairs saved in a file (i currently use excel - see attached file). I just want the EA to be able able to read this data, based on the SMA and RSI then place trades.


Thank you,


Mafika

Files:

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