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RSI Strategies EA

30 USD

Demo downloaded: 577

Published: 15 October 2018

Current version: 1.4

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Reviews (2)
Comments (13)
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RSI Strategies EA

4

Experts
Tonny Obare
Version: 1.4
Updated: 17 June 2021
Activations: 5

RSI strategies EA supports multiple RSI based strategies. Purchasing this EA can save you the time taken to automate your existing RSI strategy, through coding a custom EA and it also helps you discover profitable RSI strategies as its fully compatible with the strategy tester and all settings are editable. The EA supports both scalping, short term and long term strategies. The various supported settings are explained below:

NOTE: The default settings in the EA are simply place holders. Before using the EA, please enter your own settings that work for you best.

Trade settings

Lots- This is the lot size for opening trades. If this value is greater than zero, then fixed lots will be used.
RiskPercentage- The percentage of free margin to risk in a trade. The Lots setting must be left as 0 to use this setting instead.
TakeProfit- The fixed take profit value in points. If 0 then no take profit will be set.
StopLoss- The fixed stop loss value in points. If 0 then no stop loss will be set.
CloseOnReverseSignal- If set to 1 or true, then trades will be closed if a trade signal opposite the one that opened the trade appears.
WaitForCrossBarClose- A trade will only occur after the bar where the cross occured closes.
OneTradeAtAtime- If set to true, then only one trade will be opened at a time.
MaximumTrades- If this setting is greater than 0, then the EA will be limited to a maximum of this number of trades at any one time.

Settings for trailing stop;

AllowTrailingStop- This setting must be set to true if trailing stop is to activate.
TrailDistance- The trailing stop will be this distance in points away from the price.
TrailTrigger- The trailing stop will only start when the trade is at least this number of points in profit.
TrailStep- After the trailing is active, a new modification will only occur when there is at least a change of this points. This prevents too many trade modifications on every little price change and hence saves on memory usage.

Settings for the RSI indicator;

RSIperiod- Period setting for the RSI indicator.
AppliedPrice- Applied price setting for the RSI indicator. Set 0 for close price, 1 for open price, 2 for maximum price, 3 for minimum price, 4 for median price, 5 for typical price and 6 for weighted close price.
BuyPoint- RSI level of which if crossed upwards, a buy trade opens and any open sell trade from the ea is closed.
SellPoint- RSI level of which if crossed downwards, a sell trade opens and any open buy trade from the ea is closed.

In the EA, a buy signal or uptrend is when the RSI crosses the BuyPoint setting upwards and a sell signal or downtrend is when the RSI crosses the SellPoint setting downwards.

more...

1483

PeterSwaby 2019.08.30 11:06 #

This expert advisor is very good value for money.

Regards

Peter

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Free RSI expert advisor is a completely free expert advisor that trades using rsi level crosses. You can set which levels the Ea should use to open and close trades. The various settings are explained below. NOTE: The default settings are just place holders and not necessarily the best. Use the settings that best suites you or your strategy. Lots - This is the lot size of the EAs trades. 0.1 is the default setting. AllowBuy - Set to true to allow buy trades. This setting is true by default. Allo

FREE

Free parabolic SAR expert advisor is a completely free expert advisor that trades using Parabolic SAR dots. It opens and closes trades based on the first dots of a new trend. The various settings are explained below. Parameters NOTE: The default settings are just place holders and not necessarily the best. Use the settings that best suites you or your strategy. Lots - This is the lot size of the EAs trades. 0.1 is the default setting. StopLoss - Stop loss setting. AllowBuy - Set to true to allo

FREE

Profitstat is a free indicator that scans your history and displays it on the chart. The free version shows the number of trades and profit made on the current and previous day. The data is updated instantly as soon as a trade closes. Simply attach it to any chart and it gives the account data irrespective of the chart currency nor timeframe.

FREE

Profitstat premium version scans your trading history and displays performance on the chart. The premium version is far more flexible than the free one. The premium version contains the following features that you won't find in the free version: Ability to horizontally position the indicator as you prefer. Ability to display results in money or in pips with the option to hide or display one or both of them. An option to show stats for only the chart symbol. An option to only show data from a cer

Automatic stops monitors your account and automatically sets the values you enter in the EA for stop loss, take profit and also trailing stop. As long as the EA is attached on a chart it will set stops and offer automatic trailing to any new trades for that currency pair so you wont have to manually enter them every time you open a trade. Features include: Ability to select which trades should be monitored via magic number. You can leave the value to 0 to only monitor manual trades or to any one

Parabolic SAR strategies EA is a Parabolic SAR EA that can support multiple strategies. Purchasing this EA can save you the time taken to automate your existing PSAR strategy through coding a custom EA and it also helps you discover profitable Parabolic SAR strategies as its fully compatible with the strategy tester and all settings are editable. The EA supports both scalping, short term and long term strategies. The various supported settings are explained below: NOTE: The default settings in t

Automatic fibonacci with alerts is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appear amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with d

Fibonacci strategies EA trades Fibonacci levels. You can choose whether the EA should trade a manually plotted fibonacci or whether it should automatically plot a fibonacci. In automatic fibonacci drawing mode, the EA automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appears amongst the selected bars. You can select which level values

MACD strategies EA is a EA that can support multiple MACD strategies. Purchasing this EA can save you the time taken to automate your existing MACD strategy through coding a custom EA and it also helps you discover profitable MACD strategies as its fully compatible with the strategy tester and all settings are editable. The EA supports both scalping, short term and long term strategies. The various supported settings are explained below: NOTE: The default settings in the EA are simply place ho

Trade simplifier premium is a trade panel that simplifies trade opening. It is simple and easy to understand, with key features to ease trading. Features include: Order type selection Fixed lot entry from the chart user interface Easy Take profit entry field on the chart user interface Visual take profit selection and adjustment via the line that appears when you click the Take Profit button Easy Stop loss entry field in points on the chart user interface Visual Stop Loss selection and adjustm

MA strategies EA is a moving average cross EA that can support multiple MA cross strategies that involve two or three moving averages. Purchasing this EA can save you the time taken to automate your existing MA strategy through coding a custom EA and it also helps you discover profitable moving average strategies as its fully compatible with the strategy tester and all settings are editable. The EA supports both scalping, short term and long term strategies. The various supported settings are ex

Automatic stops monitors your account and automatically sets the values you enter in the EA for stop loss, take profit and also trailing stop. As long as the EA is attached on a chart it will set stops and offer automatic trailing to any new trades for that currency pair so you wont have to manually enter them every time you open a trade. Features include: Ability to select which trades should be monitored via magic number. You can leave the value to 0 to only monitor manual trades or to any one

Parabolic SAR strategies EA is a Parabolic SAR EA that can support multiple strategies. Purchasing this EA can save you the time taken to automate your existing PSAR strategy through coding a custom EA and it also helps you discover profitable Parabolic SAR strategies as its fully compatible with the strategy tester and all settings are editable. The EA supports both scalping, short term and long term strategies. The various supported settings are explained below: NOTE: The default settings in

Automatic fibonacci with alerts is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appear amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with d

MACD strategies EA is a EA that can support multiple MACD strategies. Purchasing this EA can save you the time taken to automate your existing MACD strategy through coding a custom EA and it also helps you discover profitable MACD strategies as its fully compatible with the strategy tester and all settings are editable. The EA supports both scalping, short term and long term strategies. The various supported settings are explained below: NOTE: The default settings in the EA are s

Trade simplifier premium is a trade panel that simplifies trade opening. It is simple and easy to understand, with key features to ease trading. Features include: Order type selection Fixed lot entry from the chart user interface Easy Take profit entry field on the chart user interface Visual take profit selection and adjustment via the line that appears when you click the Take Profit button Easy Stop loss entry field in points on the chart user interface Visual Stop Loss selection and adjustm

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anonimou anonimo 2019.09.04 01:30 #

My opinion is that you should turn it upside down, when the robot comes in short it must go long or vice versa, I don't know if you understand me,

I give you 3 stars because I see that it is on the right track, but you should give the option to change that, in addition to adding what I told you before giving the option to close in equity thanks

I like the robot a lot, but I've been changing the configuration and testing for a week, but I've only reached those two solutions

once again sorry for my english

1483

PeterSwaby 2019.08.30 11:06 #

This expert advisor is very good value for money.

Regards

Peter

Version 1.4 2021.06.17

Minor updates.

Version 1.3 2020.02.23

A bug in the trailing stop sorted.

Version 1.2 2019.07.15

Minor updates.

Version 1.1 2018.11.20

Performance improvements.