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Insidious Me

4
This EA uses the RVI Crossovers. A crossover above the signal line is a bullish indicator, while a crossover below the signal line is a bearish indicator.

The Relative Vigor Index (RVI) is a momentum indicator used in technical analysis. It measures the strength of a trend by comparing a security's closing price to its trading range while smoothing the results using a simple moving average (SMA).

The Relative Vigor Index is considered a leading indicator, meaning it changes before the trend changes. The RVI signals that a trend change is likely in the future when its value diverges from the current behavior of the asset's price.

The Relative Vigor Index is a momentum indicator. 


Parameters of iRVI


symbol = _Symbol

[in] The symbol name of the security, the data of which should be used to calculate the indicator. The NULL value means the current symbol.

period = PERIOD_M5 or PERIOD_H1

[in] The value of the period can be one of the ENUM_TIMEFRAMES values, 0 means the current timeframe.

ma_period = 26

[in]  Averaging period for the RVI calculation.



Inputs

Account Number - This feature to prevent user from running the EA on the wrong account when user have more than 1 account.

Timeframe Low - Timeframe for the Buy/Sell signals. Default M5.

Timeframe High - Timeframe for trend direction on higher timeframe. Default H1.

Maximum Buy - Default 3 positions.

Maximum Sell - Default 3 positions.

Lot Increment - Lot increment for the next position when the current position is floating. Default 0.01.

Entry Take Profit - Default 10,000

Entry Stop Loss - Default 0

Take Profit Method - Default Signal. EA will close the positions when the signal reversed. None - Positions closed by Entry Take Profit. Trailing - EA will update the Stop Loss of the positions to guarantee the position is on profit when direction reversed.   



Back Tested from Jan'24 - May'24 on XAUUSD on leverage 1:500,  Modelling Every Tick based on real ticks, zero latency delay.
Avis 1
Raoul Paul Xavier De Jong
1100
Raoul Paul Xavier De Jong 2024.06.29 07:04 
 

It's an OK EA, need to use proper money management or you will blow your acc.

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Experts
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Experts
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Experts
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Ingenious Me
Bin Jumahat Johan
Experts
This EA uses the MACD Crossover Strategy. Entries opened when the signal and MACD line cross each other. The Buy position entered only when the cross is below the zero line while the Sell position entered above the zero line. The Moving Average Convergence/Divergence (MACD) is an oscillator that combines two exponential moving averages (EMA)—the 26-period and the 12-period—to indicate the momentum of a bullish or bearish trend. MACD can be used to signal opportunities to enter and exit positions
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Filtrer:
Raoul Paul Xavier De Jong
1100
Raoul Paul Xavier De Jong 2024.06.29 07:04 
 

It's an OK EA, need to use proper money management or you will blow your acc.

Bin Jumahat Johan
2997
Réponse du développeur Bin Jumahat Johan 2024.06.29 07:16
Thanks for the feedback.
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