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Simple Moving Average with RSI and Stochastic

5
Diversify the risk in your trading account by combining our Expert Advisors. Build your own custom trading system here: Simple Forex Trading Strategies

The expert advisor opens trades when the SMA and RSI are aligned in the same direction and when the Stochastic has left overbought/oversold areas. The 5 and 10 SMA are also programmed to close the trades if the trend changes.

The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator.

The recommended currency pair is GBPCAD and the recommended timeframe to operate and to do backtests is D1. 

This Expert Advisor can be profitable in any TimeFrame and with any Currency Pair but you should know how to adjust the parameters to your new pairs, timeframes, and current maket conditions.

Recommended Settings at Comment #1

I will be thankful for your positive reviews and ratings!


Reviews 2
Natali Vandros
601
Natali Vandros 2023.03.17 20:27 
 

the adviser works very profitably. I ran it on a daily chart with a lot of 0.1

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The EA enters a position when the market starts moving around the New York session (higher volume). This way, the momentum is preserved by the volume and we can reach the Take Profit with high probability instantly. Signal   (292%, 10% DD):  https://www.mql5.com/en/signals/2274145 It Enters on Momentum Around New York Session The EA detects the hidden impulse via FVGs on lower time frames. When the impulse is detected closely before or during the New York session, the EA opens a position. It ma
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Nitro Pips EA
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Forex GoPro
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agrushev777
2328
agrushev777 2024.02.19 21:07 
 

User didn't leave any comment to the rating

Natali Vandros
601
Natali Vandros 2023.03.17 20:27 
 

the adviser works very profitably. I ran it on a daily chart with a lot of 0.1

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Version 3.0 2019.08.24
Update Stochastics
Version 2.0 2019.08.23
Update ATR Shift