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Experts

Advisor Based on RSI and Martingale - MetaTrader 5용 expert

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게시됨:
2023.09.12 13:46
업데이트됨:
2023.10.14 20:22
MQL5 프리랜스 이 코드를 기반으로 한 로봇이나 지표가 필요하신가요? 프리랜스로 주문하세요 프리랜스로 이동


This advisor utilizes the RSI indicator and performs adaptive search for minimums and maximums to determine optimal entry and exit points in the market. The advisor analyzes the last `BarsForCondition` candles to gauge the current market condition.

Entry and Exit Strategy

Entry: The advisor opens a position based on signals from the RSI indicator.

  •   - Buy: if RSI reaches a minimum over the specified `BarsForCondition` bars.
  •   - Sell: if RSI reaches a maximum over the specified `BarsForCondition` bars. 

Exit: Positions are closed upon reaching TakeProfit or StopLoss levels, which are set in points via the `TakeProfit` and `StopLoss` parameters.

Signal Filtering

  • Time: The advisor trades only within the time interval specified between `StartTime` and `EndTime`.
  • News Avoidance: The advisor avoids trading during time periods specified in the `NewsTimeToAvoid` parameter.
  • Spread: Maximum allowable spread values are set through the `MaxSpread` parameter.

Additional Settings

Martingale: The advisor can employ a martingale strategy to increase the lot size during market reversals. This feature is activated by the `Upheaval` parameter and the `MartingaleMultiplier`.

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