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Develop an EA based on RSI and ATR indicators

MQL4 Uzman Danışmanlar Entegrasyon Statistics and mathematics Panels and dialog boxes Trading robot/indicator debugging Strategy optimization

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EA Requirements based on RSI and ATR indicators


1. Integrate RSI and ATR indicators, the EA works from M15 time frame 

2. Buy and Sell order will be based on the RSI. 

SELL ORDER = When the RSI at 70 - 90, the EA will be wait for the next bearish candle confirmation to entry order.

SELL ORDER = When the RSI at under 50, the EA will be wait for the next bearish candle confirmation to entry order.

BUY ORDER = When the RSI at 50 above, the EA will be wait for the next bullish candle confirmation to entry order.

BUY ORDER = When the RSI at 10-30 above, the EA will be wait for the next bullish candle confirmation to entry order.

3. MQL4 Source code needed

4. Default Lot Size: 0,01 

5. Auto lot size and risk percentage for each order. If activate, The EA will calculate the lot size based on the balance and 1.5% risk per trade

5. Maximum trade = 10

6. Take Profit

7. Stop Loss = Stop loss won't be fix, its based on previous higher candle pips plus ATR pips

7. Licensing system by Account number and expiry date

9. Push Notification alerts

- Alert to on Meta Trader 4 app

10. Trailing Stop 

11. Show panel: Show some information on the chart


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