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Signals Provider RSI and Fibonacci

Adapted RSI indicator (according to DeMark), automatically constructed Fibonacci lines and convenient active information panel create reliable conditions for profitable multicurrency trading by the advisor Signals Provider RSI and Fibonacci

Attaching EA to different windows of currency pairs creates a hedging effect (minimizing the risk of unforeseen market price fluctuations). To do this, after attaching EA to the currency pair window, you need to change the MagicNumber number and, accordingly, enter other input parameters of this currency pair.

EA signals.

Operation description


The expert, according to the signals of the RSI (Relative Strength Index) indicator and the advice of Thomas Demark (when the indicator is in the overbought (oversold) zone more than 5 bars), identifies possible divergence (price divergence and indicator reading), sets the required number of orders with the installation of StoLoss and TakeProfit. At the same time with monitoring the RSI signal, it draws Fibonacci lines on which TakeProfit orders will be oriented later, while the placed orders can be fixed both on the nearest Fibonacci lines and on subsequent lines or according to the RSI indicator turn signals (the expert, in this case, automatically moves TakeProfit to the next Fibonacci level), for this you need to set the EA with the appropriate parameters UseTProfitFibo, UseTProfitRSI, UseSLossRSI, and also enable or disable the trailing stop UseTrStop. By default, they are all already included and displayed in the input parameters as true.

In the active information panel, the main input parameters for each currency pair are displayed and buttonsfor closing profitable, unprofitable or all orders for one specific currency pair are placed. That is, at your discretion, you can close orders for a specific currency pair and not catch orders among their total diversity set in the terminal.

With strong bullish and bearish market sentiment, it is recommended to shift overbought lines - MaxpercentRSI or oversold - MinpercentRSI to higher or lower values (for example, an uptrend, sideways overbought standard MaxpercentRSI = 60 - 70% can be moved to MaxpercentRSI = 75 - 100%, with a downtrend, the oversold standard of the side trend MinpercentRSI = 40 - 30% can be moved to MinpercentRSI = 25 - 1%).

Inputs

  • Lot - lot size you can use any lot size, fractional 0.01 or 0.1;
  • SL - stop loss;
  • NumberOrder - number of orders;
  • FiboBars - the number of bars for the calculation and normal operation of the display of Fibonacci lines;
  • UseTProfitFibo - includes automatic movement of TakeProfit to the next Fibonacci level;
  • UseTProfitRSI - includes automatic closing of profitable orders based on RSI indicator signals;
  • ProfitClosing - profit closing percentage (higher percentage - less often closing);
  • UseSLossRSI - enables automatic closing of unprofitable orders based on RSI indicator signals;
  • LossClosing - loss closing percentage (higher percentage - less often closing);
  • UseTrStop - enable / disable trailing stop;
  • TrailingStop - trailing stop value in points;
  • TimeFrameRSI - any time interval for indicator RSI;
  • ValuePricesRSI - at what price the indicator is calculated;
  • MaxpercentRSI - maximum oversold percentage for RSI indicators, preferably 60-100%;
  • MinpercentRSI - minimum overbought percentage for RSI indicators, preferably 1-40%; 
  • MagicNumber - magic number, integer constant used to uniquely identify orders.

The EA determines the permission to trade in robots and immediately alerts you with the help of the Alert notification system (a separate window will pop up with an audible alert, see the screenshot) in the MT4 terminal. Alert will also warn you of an error if you accidentally logged into the account under the investment password. EA will also determine the type of account ( real, demo or competitive account, see screenshot) and inform you about it in the information panel. When you change the background of the terminal, automatically changes the colors of the Fibonacci lines, you just need to update the input parameters with the OK button.









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Gold Trade Pro
Profalgo Limited
4.63 (24)
Promoción de lanzamiento! ¡Solo quedan unas pocas copias a 449$! Próximo precio: 599$ Precio final: 999$ Obtenga 1 EA gratis (para 2 cuentas comerciales) -> contácteme después de la compra Ultimate Combo Deal   ->   click here New live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro se une al club de Gold Trading EA, pero co
Stock Indexes EA MT4
Marzena Maria Szmit
5 (1)
Stock Indexes EA is a sophisticated trading robot meticulously engineered to capitalize on the dynamics of the US30 . This expert advisor employs advanced algorithms and technical indicators to analyze market trends, identify potential entry and exit points, and execute trades with precision. A news filter has also been added to the robot, which prevents it from opening a position during important economic news , minimizing the risk. In robot, you can also specify the days and hours when the EA
Scalper Dragon
Van Hoa Nguyen
4.71 (34)
Scalper Dragon is a scalping robot developed for GBPUSD, USDCHF, EURAUD pairs. The current version adds a few features that increase system consistency. Trade with the scaling strategy on the M5 timeframe. Orders always come with stoploss, fixed takeprofit.  SETFILE Download  Scalper dragon version 3.8 is the latest version upgraded and added features such as: option to close orders early to avoid stoploss, add magic number to manage orders, add comments and add RSI oversold, overbought conditi
The Gold Reaper MT4
Profalgo Limited
4.55 (29)
¡PROP FIRME LISTO!   (   descargar SETFILE   ) PROMOCIÓN DE LANZAMIENTO: ¡Solo quedan unas pocas copias al precio actual! Precio final: 990$ Obtenga 1 EA gratis (para 2 cuentas comerciales) -> contácteme después de la compra Ultimate Combo Deal   ->   click here JOIN PUBLIC GROUP:   Click here New V2.2 Live Signal Old Live Signal ¡Bienvenido al Segador de Oro! Basado en el exitoso Goldtrade Pro, este EA ha sido diseñado para ejecutarse en múltiples períodos de tiempo al mismo tiempo y tiene l
Ai Multi Trend MT4
Mansour Babasafary
5 (2)
Expert trend hunter Combined with artificial intelligence Control the AI with a variety of simple settings Without using dangerous strategies (all trades have a profit limit and a loss limit) Can be used in 6 main market currency pairs and 4 important time frames An expert who has been trained by artificial intelligence for years to correctly recognize trends(with the latest methods of the world) With world-class settings, can be used in different accounts and different brokers and the low
-   Real price is 1000$   - Limited Discount (It is now 399$) Welcome, Bitcoin Expert opens automatically trade with Highly profit, Fixed Stop loss. After purchase, You can receive  Gold Trade Expert  for  Free ! Contact me for this  BONUS ! No Martingale, No Grid, No Scam Bitcoin is a cryptocurrency, a peer-to-peer digital currency that operates independently of a central governing authority . Bitcoin enables direct transactions between users, secured by cryptographic technology and recorded o
Yarukami Mnukakashi EA
Aleksandr Kazmirchuk
5 (4)
Yarukami Mnukakashi is an automated trading advisor designed for traders in the Forex market. Key Features: Strategy type: 24-hour trading, but I recommend avoiding the American session and setting a daily take of $30-40 per 0.01 lot. Can work in one direction or both at once independently of each other. Trading instruments: GOLD Timeframes: M1 Algorithm: uses technical analysis with moving average indicators, Bollinger and Momentum. Risk management: there is a function to forcibly close order
Z4scalp
Cence Jk Oizeijoozzisa
2.75 (12)
-------------------------------------------Presentación: Z4SCALP---------------------------------------------- Z4SCALP es un robot de trading avanzado que tiene un SL por operación, un SL muy pequeño, diseñado sin martingala. Oferta exclusiva: ¡Compre un producto y reciba el otro GRATIS! Las otras tres versiones están disponibles de forma gratuita -------------------------------------------------------------------------------------------------------------------- Si no confía en la estrategia d
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Versión 2.66 2019.08.09
Interface design. Filter correction.
Versión 2.65 2019.08.03
Filter correction in the range H4,D1.
Versión 2.64 2019.07.31
Information about visible bars has been added to the panel. As well as increased accuracy of placing orders on the H1 period.
Versión 1.64 2019.07.17
Accelerated triggering of buttons for closing orders by profit, unprofitable and all orders.