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AW RSI based EA MT5

0.00

The Expert Advisor trades on price returns from the oversold or overbought state, opens positions when signals from the RSI oscillatorare received . The system has a variety of operating scenarios and flexible configuration. It uses averaging, the function of closing the first and last basket orders, and the function of automatic lot calculation. It has an advanced information panel and three types of notifications
 

Signal Monitoring -> > HERE   

Signal Monitoring -> > HERE   

 

  • Easy setup and intuitive panel interface
  • Customizable indicator signals
  • It is suitable for all types of instruments and all timeframes
  • If necessary, it uses averaging
  • Built-in automatic lot calculation
  • Built-in system for closing the first and last orders of the basket
  • Three types of notifications: push, email, alert

 

Problem Solving -> > HERE  

MT4 version -> HERE

[spoiler title=”Read More…”]

The Expert Advisor trades on price returns from the oversold or overbought state, opens positions when signals from the RSI oscillator are received.

Implements various variants of trading behavior:

  • Buy trades if the oscillator line has broken through the lower level from the bottom up
  • Sell trades if the oscillator line has broken through the upper level from top to bottom

 

Different trading strategies are available:

  • Two-way trade:
    • In this case, when bearish signals are received, the Expert Advisor will make a sale
    • When bullish signals are received, the Expert Advisor will make a purchase
  • In this case, when bearish signals are received, the Expert Advisor will make a sale
  • When bullish signals are received, the Expert Advisor will make a purchase

 

  • Unilateral trade:
    • The Expert Advisor can make trades only on bullish signals
    • The Expert Advisor can only make trades on bearish signals
  • The Expert Advisor can make trades only on bullish signals
  • The Expert Advisor can only make trades on bearish signals

   

The graphical elements of the indicator are not displayed in the Expert Advisor!

The graphical elements of the indicator are not displayed in the Expert Advisor!

 

MAIN SETTINGS

  • Size of the first order – The volume for opening the first order
  • Enable Autolot calculation – Use automatic lot calculation.  
  • Autolot deposit per 0.01 lots – The amount of the deposit for every 0.01 when using the autolot

SIGNALS 

  • RSI Timeframe – The timeframe of the indicator, allows you to work on signals that differ from the current timeframe
  • Lower RSI level – The lower level for the indicator, the lower the value, the fewer transactions
  • Higher RSI level – The upper level for the indicator, the higher the value, the fewer transactions
  • Period RSI  The period for the indicator, the higher the value, the fewer transactions
  • Applied price RSI – The price used for calculating the indicator

GRIDS SETTINGS 

  • Minimum step between average orders – The variable that regulates the step between orders is measured in points 
  • Multiplier for average orders Multiplier for orders. Each subsequent order in the order grid will be larger than the previous one by this coefficient

TAKE PROFIT SETTINGS

  • Size of Virtual TakeProfit (In points) – The size of the virtualTakeProfit. It is calculated for the current group of orders from the breakeven price
  • Use overlap last and first orders – Use the overlap of the first order last
  • Use overlap after that number of orders – Use overlap after a given number of open orders

PROTECTION SETTINGS

  • Maximum slippage in points – The maximum allowable slippage in points for opening and closing orders
  • Maximum spread in points – The maximum allowed spread for opening orders
  • Maximum number of orders – The maximum allowed number of orders of the same type  
  • Maximum size of orders – The maximum volume for one order. Measured in lots
  • Maximum 1 order per candle – Open only one order per candle

ADVISOR SETTINGS

  • Orders Magic number MagicNumber of the Adviser’s orders
  • Comments of the EA’s orders – Comments for the EA’s orders
  • Allow to open OP_BUY orders – Allow the Expert Advisor to open orders of the OP_BUY type
  • Allow to open OP_SELL orders-Allow the Expert Advisor to open orders of the OP_SELL type
  • Allow to open new orders after close-Allow to send new orders after all orders are closed
  • Show panel of advisor – Ability to display or hide the Expert Advisor panel
  • Font size in panel-Adjust the font size on the panel

NOTIFICATIONS SETTINGS 

  • Send push notifications when closing orders-Notifications to the mobile version of the terminal, when closing orders
  • Send emails when closing orders-Sending emails to the email address when closing orders 
  • Send alerts when closing orders  Sending pop-up notifications on the terminal, when closing orders

[/spoiler]

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