Want to create EA based on Half Trend indicator.

MQL5 Esperti

Lavoro terminato

Tempo di esecuzione 16 giorni
Feedback del cliente
Very understanding and helping. He tried to resolve all the issues.
Feedback del dipendente
Always a pleasure to collaborate with him. Good customer

Specifiche

Want to create EA based on Half Trend indicator. Based on this Video

https://youtu.be/UhU8U4AWysA

when the half trend is blue. We will only look for buying opportunities. On the other hand, when the half trend is red, we will only look for selling opportunities. Now let us talk about the second indicator that we will use in this strategy. That is the RSI indicator. The RSI stands for relative strength indicator. As the name suggests, the RSI indicator shows the relative change in price over a particular period of time. The default settings for the RSI are set to 14 period. Therefore, the RSI shows the relative change in the price over the last 14 candles. The RSI is an oscillator. Hence, the value of the indicator is always between 0 and 100. Generally, when the RSI is above 70, it is considered to be in an overbought condition. This means that the price has become expensive and we can expect a down move.


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Per lo sviluppatore
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