RSI BOT

MQL4 Experts

Job finished

Execution time 7 minutes
Feedback from employee
Very excellent customer!!! Thank you for good job!!!
Feedback from customer
Muzaffar is an Expert programmer, this is the first time to work with Him. And really good and ver fast....I recommend him every type of programming on MQL for trading.... Thanks Muzaffar. Tuanyer

Specification

As per requirement

RSI Bot

This Expert Advisor is based on RSI (Relative Strength Index). It can operate in several modes.

  1. Break – the EA buys when the indicator crosses the upper UpRSI level upwards and sells when the indicator crosses the lower DnRSI downwards.
  2. Rollback – the EA sells when the indicator crosses the upper UpRSI level downwards and buys when the indicator crosses the lower DnRSI upwards.

The EA uses market orders. It has the breakeven and trailing stop functions. The EA opens deals in Market Execution mode. Take Profit and Stop Loss are placed after order execution and modified in accordance with the EA settings.


Parameters

  • MM – traded lot is calculated based on risk per trade;
  • BalanceRisk – risk percentage per deal for trading lot calculation;
  • FixLots – trading lot;
  • Takeprofit – take profit;
  • Stoploss – stop loss;
  • MaxSpread – maximum allowable spread size;
  • Comment – order comment;
  • Magic – magic number;
  • Action – working mode;
  • OpenNewBar – enable/disable the new bar check for opening orders;
  • Period – indicator period;
  • TimeFrame – indicator timeframe;
  • Price – indicator price type;
  • Shift – indicator shift;
  • UpRSI – indicator upper level;
  • DnRSI – indicator lower level;
  • Breakeven – enable/disable breakeven;
  • BreakevenStart – number of points to move positions to breakeven;
  • BreakevenStep – distance to place a breakeven level;
  • Trailing – enable/disable trailing by points;
  • TrailingStart – minimum number of points for trailing;
  • TrailingStop – number of points to start trailing stop;
  • TrailingStep – trailing stop step;
  • ShowInfo – display/hide information on the trading;
  • Languages – language of the displayed trading data;
  • TextColor – displayed data color.


Additional #1, Add second type of Stop Lose based on the previous low candle closed (enable/disable).

Additional #2  Add Max open order, Position type (only buy, only sell, buy or sell) enable disable,


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Project information

Budget
10 - 60 USD
For the developer
9 - 54 USD
Deadline
from 1 to 3 day(s)