Advanced Rsi Grid Hedge Mt5
- Experts
- Cesar Napoleon Guio Martinez
- Version: 1.10
- Activations: 5
Advanced RSI Grid Hedge is an Expert Advisor designed to enter the market at high-probability moments of short-term reversal toward overbought or oversold zones—while still following the direction of the main trend.
The robot uses a grid hedging system. This EA does not use martingale.
It’s a straightforward yet powerful tool that relies on two RSI indicators to generate entry signals. It also includes a trend filter to identify optimal market conditions for trading.
👉 MT4 Version here: https://www.mql5.com/es/market/product/85309
✅ Key Inputs:
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Max Drawdown Percentage – If the current floating drawdown exceeds the specified percentage, the EA will close all positions and remain locked for 72 hours or until manually reloaded by the user.
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Max Spread – Spread filter to avoid trading under poor market conditions. (Set this according to your broker’s instrument properties. If the max spread is too low, the EA may not open trades.)
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Volume – Defines the base lot size. For example, with Volume = 0.01, the EA will use 0.01 lots per X amount of balance (set in LotStep).
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LotStep – Defines the lot scaling. For example, Volume = 0.01 and LotStep = 250 means: 0.01 lots per every $250 in the account.
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Grid Step – Distance in points between grid entries against the trend.
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GridTPmin – Minimum number of points required to close orders with profit.
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Main RSI Timeframe (PpalTF) – Timeframe for the main RSI indicator.
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Main RSI Period (PpalPeriod) – Period for the main RSI.
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Main RSI Level (PpalLevel) – Entry level for the main RSI.
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Use Overbought/Oversold Filter – True or False. (Setting to True will reduce the number of trades but also reduce drawdown.)
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Secondary RSI Timeframe (SecTF) – Timeframe for the secondary RSI.
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Secondary RSI Period (SecPeriod) – Period for the secondary RSI.
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Secondary RSI Level (SecLevel) – Entry level for the secondary RSI.
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SMART TREND Filter – Select True or False to enable or disable the built-in trend filter. (Recommended = True)
Recommended setup 1: SetH1v1 with GBPUSD, CHFJPY, AUDUSD, EURNZD, GBPCAD, USDCHF. mínimum capital 1000 USD and Max DD=20%
It is recommended to use this EA with brokers that offer low margin requirements, low commissions, and fast execution speeds.