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Turnaround Technique

5

Transform your trading with Turnaround Technique EA, a sophisticated algorithmic trading solution designed to capture profitable market reversals using advanced RSI technology. This professional-grade Expert Advisor is perfect for traders seeking consistent returns through automated trading.

Check out the set files here

Key Features

Advanced RSI Strategy
  • Proprietary RSI-based algorithm that identifies high-probability reversal points
  • Dynamic entry and exit points based on market conditions
  • Intelligent trend recognition system
Risk Management
  • Customizable risk parameters
  • Advanced position sizing based on account equity
  • Optional trailing stop loss functionality
  • Maximum drawdown protection
Trading Flexibility
  • Works on any timeframe and any symbol
  • Customizable trading direction (long-only, short-only, or both)
  • Multiple currency pair support
  • No hedging restrictions

Technical Specifications

Requirements (based on backtests)
  • Initial Capital: $1,000 minimum
  • Broker: Pepperstone or ICMarkets
  • Timeframes: H1 and H4
  • Pairs/symbols: USDCAD, GBPUSD, US30, XAUUSD, EURUSD, BTCUSD
Key Parameters
  • Customizable RSI levels for entry and exit
  • Adjustable fibonacci take profit levels
  • Flexible lot sizing and risk management
  • Advanced trailing stop loss options

Performance Benefits

  • Fully automated trading system
  • Consistent performance across different market conditions
  • Clear entry and exit rules
  • Professional risk management
  • Regular updates and optimization

Ideal For

  • Traders seeking automated reversal trading strategies
  • Portfolio managers looking for systematic trading solutions
  • Investors wanting to diversify their trading approach
  • Both beginners and experienced traders

Start maximizing your trading potential today with Turnaround Technique - Where Technology Meets Profitability.

Note: Past performance does not guarantee future results. Trading involves risk of loss. Please test thoroughly on a demo account before live trading.

Parameter Description

Core Parameters
  • Expert Number: A unique identifier for the EA's trades
  • Risk: Risk percentage per trade for position sizing
  • Lots: Fixed lot size (if set to 0, lot size is calculated based on RISK)
  • Maximum drawdown: Maximum allowed drawdown percentage before closing all positions

RSI Settings

  • Top RSI: Upper RSI threshold indicating overbought conditions
  • Top reversal RSI: RSI level for confirming short entry signals
  • Bottom RSI: Lower RSI threshold indicating oversold conditions
  • Bottom reversal RSI: RSI level for confirming long entry signals
  • RSI bars check: Number of past bars to check for overbought/oversold conditions
Trade Management
  • Swing bars length: Number of bars used to identify swing points
  • Take profit fibonacci ratio: Fibonacci ratio used for take profit calculation
  • Minimum take profit size pips: Minimum take profit size in pips
  • Liquidated candles for reversal: Number of candles to check for market liquidation
  • Exit on reversal: Whether to exit positions on opposite reversal signals
Trailing Stop Settings
  • Trailing stop loss distance (% of take profit): Trailing stop loss distance as percentage of take profit. 0 for no trailing stop
  • Trailing stop activation (% of take profit): Profit percentage required to activate trailing stop. 0 for no trailing stop
  • Trailing stop loss step (% of take profit): Step size for trailing stop adjustments as percentage of take profit. 0 for no trailing stop
This Expert Advisor combines RSI-based entry signals with advanced position management features including trailing stops and dynamic take profit levels based on market structure. The system is designed to capture reversals while maintaining strict risk management principles.Note: For optimal performance, thoroughly test these parameters on a demo account before live trading.



Avis 1
Stanislav Tomilov
22529
Stanislav Tomilov 2024.10.01 01:18 
 

EA with a very interesting idea. I recommend trying it

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Stanislav Tomilov
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Stanislav Tomilov 2024.10.01 01:18 
 

EA with a very interesting idea. I recommend trying it

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Version 1.3 2024.10.26
- Removed MFI from logic;
- Removed Heikin Ashi from logic;
- Updated take profits logic;
- Updated DCA logic;
- Updated entries logic;
- Added maximum drawdown.