Simple RSI & Moving average EA for MT4

RSI & Moving Average EA

Description:

Ea must open buy and sell orders based on RSI and Moving Average Indicators. 

Buy Orders Logic:

1. Orders are opened after the close of signal candle.

2. Buy orders are opened only if the price is above Moving average.

3. RSI indicator touches or goes through oversold levels, position is opened on close of candle that touches or goes through RSI oversold level.

4. Preset Stop loss and Take profit.

5.  Lot size is determined by % of account if stop loss is hit.

Sell Orders Logic:  Reverse of buy.

Parameters for optimization:

1.Moving average

2. RSI Settings and levels

3. Stop Loss

4. Take profit

5. Account size, % of account at risk based on stop loss, option for manual account size input.