trabajo MQL5: 3 Strategies Multi Time Frame RSI BOT

Trabajo finalizado

Plazo de ejecución 12 días

Comentario del Cliente

so far so good. he works hard to get the job done . hope we can work together again. Thank you!

Comentario del Ejecutor

Thank you

Descripción

Tarea técnica

This will be a 3 strategy EA using a multiple time frame RSI. They will involve how the the RSI acts around the ob, os and the 50 levels

STRATEGY 1 70/30/50

when the EA is put on a chart it will open a buy position when the selected time frames RSI is above the OB zone(OS zone for the opposite) on the current candle and when the RSI's drops below 70, it will close the long position and wait to see what will happen next. If the 3 rsi enters back into the OB zone, the EA will open a buy again and do the same thing again when the 3 rsi drops below 70. If the RSI drops below 70 then they cross the 50 levels down, the EA opens a short position. It can happen very fast after exiting the 70 level. At this stage when the RSI uses the 50 levels to open a position, the EA is done using the 70/30 levels Now it will only use the 50 levels for buy and sell. When the selected RSI crosses the 50 levels up from below it will open a buy and close whatever sell position is opened if the TP is not hit and if it crosses down the 50 levels from above it will close any long positions that are still opened for a loss or profit then go short. It will continue to do that until I manually stop it or another EA stops it. If the Stop loss is hit, EA Starts the process again using the 70/30 levels.

Note that when the EA is first put on a chart and the selected RSI is already in OB or OS zones it will open a position, if not it will wait for when the RSI will enter the OB or OS zone to initiate an entry. An entry is not initiated with the 50 levels. I can use just one RSI or a combination of MTF RSI. If I am using only 1 RSI I will set all of the time frames to current. for the chart the EA will be placed on.

Strategy 2 50/50

The EA will open a buy position when the selected TF rsi is above the 50 levels or open a sell position when they are below the 50 levels when placed on a chart. As in strategy 1, I can use any 1, 2, or 3 RSI. If they are not in above 50 or below 50 when placed on a chart, EA waits to open a position based on where the RSI will go, if they cross down the 50 levels from above, EA opens a sell and if they cross up the 50 levels from above, EA opens a buy. The Buy is closed for a loss or profit if the TP is not hit and the RSI crosses the 50 levels down from above and a short is opened. As usual, it will be going back up and down the 50 levels when they are crossed.( This strategy does both buy and sell)

Strategy 2a(BUY ONLY)...Strategy 2a is a variation of strategy 2. With this strategy, the EA only takes buy positions and closes the buy for a loss or profit when the selected TF RSI or single TF RSI crosses the 50 levels down from above if the TP is not hit. it will reopen a buy when the RSI crosses back above the 50 levels from below. In a nutshell, anytime the RSI crosses the 50 levels up from below it will open a long position, and anytime the RSI crosses the 50 levels down from above it will close any long position that is opened.

strategy 2b (SELL ONLY) opposite of strategy 2a

I can only use 1 strategy on one chart.

Strategy 3 70/30 with this strategy, when dropped on a chart, EA will open a position when the MTF rsi or single TF RSI is above 70 or below the 30 level if they are used as OB\OS and it will close the position for a loss or profit when the RSI enters the opposite zone. for example, if the RSI is placed on a chart it will wait for which signal will happen first, if it enters the 70 levels from below it will go long and close the long if it enters the 30 levels from above then go short. Any long that is still open at this time is closed. The opposite goes for when the RSI enters the 30 levels from above. This strategy does both buys and sells

Strategy 3a( BUY only using the individual single TF RSI) This is a little kind of trickish. If I am using 3 TF rsi, M5, M15, and M30, when any of them enters the OB zone from below, it will open a buy position and it will close the buy for a loss or profit if the TP is not hit and it enters the OS from above. It will continue to buy only when it enters the OB zone and exit the buy when it enters the OS zone. Note that not all the selected TF RSI might be able to do this, only one or none of the selected TF RSI might be able to make it to the OB zone but as long as the option to BUY only is selected, whenever the other Time frames RSI gets to the OB zone they will follow the same logic individually not collectively as in strategy 3.

strategy 3b ( SELL ONLY) is the opposite of strategy 3a

Note that strategies 3a and 3b can have a maximum of 3 positions open if I am using the RSI of 3 Time frames

Use Strategy 1 True/False

Use Strategy 2 TF

Use strategy 2a TF

Use Strategy 2b TF

Use Strategy 3 TF

USe Strategy 3a TF

Use Strategy 3b TF

Default is set to False on All of them.. I will manually select True based on what strategy I am going to use

EA SETTINGS

RSI settings

use M1 TF

use M5 TF

use M15 TF

and so on... I will typically use a maximum of 3 TF RSI

These are the default settings that I can change

RSI value 2

OB/OS 73/27

mid-range 50

TP 20pips

SL 40pps

magic Number

Default lot size 0.01

Use current candle 1 if set to 0, it will use the closed candle default is 1

Automatic detection of prefix and suffix T/F default is T

ADD suffix manually F Suffix . x

ADD Prefix Manually F Prefix x

There should be a space in the settings to add the prefix or suffix

EA will not open any more positions if the available margin drops below xxxx

USE close If..T/F default is T . If this option is enabled, EA will stop trading and disable all EA running on the platform when any one of the following occurs

If account equity increases by xxx

if account equity decreases by xxx

News Filter use forex factory URL EA will not open any new positions I hr before red news until I hour after the red news This is an option to use news filter or not

If more than 1 position is opened for strategies 3a and 3b, they all will still use the same TP and SL unless I manually close them or they are closed by another EA

For you to bid for this project u must have over 100 projects done and u are familiar with multiple time frame strategies, if u think this is complex work, do not bid, u are only using one indicator. If you do not have any questions about this project, do not bid. if u have more than 1 job working right now, do not bid. I have a special bonus to add to the project. The bonus is worth an additional $25+ Here is the BONUS. You do not have to do the bonus, it is optional

THE BONUS.....

The first of bonus is auto-scaling. When this option is selected, when the TP is hit, the EA automatically opens another position with the same lot size or a different lot size. Anytime the TP is hit the EA will open another position.

The second part of the Bonus will be called closed in profit and reopen. When this option is enabled, the EA will reopen any position that was closed in profit by another EA. As above, it will use the same lot size as the closed positions or different lot sizes. The settings are not included above but we can discuss it. The EA I will be using to do this is here. https://www.mql5.com/en/blogs/post/727514  Make sure you test it with this project if you want the bonus

I am attaching a video on how I will typically trade using this so u can understand the theory behind these strategies

PS . I want to be able to save the strategies as a template so I can just drop the EA on a chart without wasting time adjusting the settings to what strategies I want to use.

https://youtu.be/L96lOgSEva0

I am attaching some. I do not know if you can use them or u can get your own MTF RSI. please make sure they do not repaint.

jjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjjj

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RSI-3TF_f3r.mq4

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