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Expert Advisor trading RSI rebounds. The ea was designed and tested for indecies on the 5 minute chart (M5), different timeframes may have varying results. TP, SL and trailing stop are calculated on multiples of the current ATR. Risk is calculated based on the TP. Quick recommendations for different indecies: GER40 TP:3.5 SL:2 Trail:true/0.1 Upper:80 Lower:20 GER40 TP:4 SL:4 Trail:true/0.1 Upper:68 Lower:24 US100 TP:4 SL:2 Trail:true/0.1 Upper:80 Lower:10 XAUUSD TP:2 SL:2 Trail:true/0.1 Upp
The Trima EA's strategy is based on the position of various moving averages. The Stop Loss is calculated automatically from ATR and SMA and the Take Profit using the rrr value. Trima EA was developed for the 1 minute timeframe but can be used on any timeframe. For the best result test the EA on the forex pair EURUSD. The last screenshot contains the corresponding settings for many forex pairs on the 1 minute chart, so the Trima EA can also be used without intensive testing. For more symbols or o