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ExpertRSI is a trading robot developed for MT5. It uses the technical indicators Exponential Moving Average (EMA) and Relative Strength Index (RSI) to make purchases and sales in accordance with the following rules:

  • Buy: The EMA should rise, the current price should be below the current EMA value, and the RSI value should be above its upper limit.
  • Sell: The EMA should fall, the current price should be above the current EMA value, and the RSI value should be below its lower limit.

  • trailing: if true, we buy and sell using StopLoss and TakeProfit (as well as trailing stop). Otherwise, we sell and buy at the market price without using a trailing stop.
  • StopLoss: the number of stop loss points. The corresponding values are from 1000 to 1500.
  • TakeProfit: the number of take profit points. The corresponding values are from 1000 to 1500.
  • RSI_Period: The number of periods of the RSI indicator. The corresponding values are from 8 to 20.
  • MA_Period: the number of periods of the EMA indicator. Corresponding value: 10.
  • limitSuperiorRSI: The upper limit for the technical indicator RSI. Corresponding value: 60.
  • limitInferiorRSI: The lower limit for the technical indicator RSI. Corresponding value: 40.
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