Simple Moving Average with RSI and Stochastic
- Experts
- Victor Manuel Valderrama Zamora
- Versão: 3.0
- Atualizado: 24 agosto 2019
The expert advisor opens trades when the SMA and RSI are aligned in the same direction and when the Stochastic has left overbought/oversold areas. The 5 and 10 SMA are also programmed to close the trades if the trend changes.
The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator.
The recommended currency pair is GBPCAD and the recommended timeframe to operate and to do backtests is D1.
This Expert Advisor can be profitable in any TimeFrame and with any Currency Pair but you should know how to adjust the parameters to your new pairs, timeframes, and current maket conditions.
Recommended Settings at Comment #1
the adviser works very profitably. I ran it on a daily chart with a lot of 0.1