SMC EA strategy with rsi indicator

MQL5 Experts

Job finished

Execution time 8 days
Feedback from employee
What a great customer, so communicative along the way and his specifications are so well defined. Looking forward for more works together.
Feedback from customer
Amazing communication skills! Did a amazing job and on time! Definitely we will work together in the future 🙂

Specification

Hello dear developers,

Looking forward to get help to create a EA with smart money concepts and rsi
The goal is trading Eurusd,Gbpusd or Xauusd in London session 7am to 10am.
Have some indicators might help with EA if need it.

Name for EA: Telmo SMC EA


Settings options

Rules for entry a trade:

Option 1: order block with imbalance. Enter in the beginning of the order block if RSI indicator oversold or overbought. Sl above or under the ob depending if sell or buy.

Option 2: Enter in the beginning of imbalance if RSI indicator oversold or overbought
Sl above or under the imbalance depending if sell or buy.

Dont trade if big candles in oposite direction happen. See photos for example

Take profit rules:

Options:
Based on risk reward
High Higher or Lower low
Based on Atr
Top or bottom of Asia section


Risk management rules

Options:
Fixed lot
Based on balance %

Option for limited amount Stop loss per day (restart at midnight London time)
Option for take profit hit (1,2 or 3) times stop trading until next day

Trading time:
Option to choose time to trade.
Default is 7am to 10am London time




Kind regards,

Telmo


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Project information

Budget
100 - 150 USD
For the developer
90 - 135 USD
Deadline
from 5 to 30 day(s)