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Simple RSI based EA
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Członek od Jun 04, 2011 3 postów
irijah
Jun 04 2011 at 13:14
Hi All,
Thanks for reading. I would like an EA that buy and sell based on RSI(14) levels It needs to buy when RSI goes up to 30 from a lower level. and sell when RSI reaches 70 from a higher level. It needs to provide SL TP TS based on number of pips. I would also like the possibility of selling what was bought at RSI(14) 30 when RSI(14) reaches 70 instead of using the TP or TS pips levels. This is a very simple EA and I'm sure it already exist but I haven't found it. I would be grateful if someone has something similar to share or can code it. I suppose it would be easy to change the RSI levels to whatever we want as well as the lot quantity, the SL TS TP on the mql. I could do that. But the programing of the EA is beyond my knowledge. Thanks to everyone willing to share and experiment this strategy. Cheers, |
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Członek od Feb 26, 2011 38 postów
Ermes
Jun 04 2011 at 13:34
Google: 'rsi ea'. There are a lot of free EA based on RSI strategies (simple and advanced) in many forums that you can set ad lib.
An example: http://www.forex-tsd.com/expert-advisors-metatrader-4/7913-rsi-ea.html "Without discipline, there’s no life at all." |
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Członek od Jun 04, 2011 3 postów
irijah
Jun 04 2011 at 13:49
Thanks Ermes for a quick answer.
I did google it before and did not find it. There was a free one but the SL and TP were done using ATF and that didn't work for me. I am going to check the link you sent Thanks again |
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Członek od Feb 26, 2011 38 postów
Ermes
Jun 05 2011 at 07:24
irijah posted: Thanks Ermes for a quick answer. I did google it before and did not find it. There was a free one but the SL and TP were done using ATF and that didn't work for me. I am going to check the link you sent Thanks again You're welcome irijah, I found something you might like. Check your mail for link to free EA. Ermes. "Without discipline, there’s no life at all." |
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Członek od May 29, 2011 3 postów
shadinata
Jun 05 2011 at 09:15
irijah posted: Thanks Ermes for a quick answer. I did google it before and did not find it. There was a free one but the SL and TP were done using ATF and that didn't work for me. I am going to check the link you sent Thanks again sorry, what is ATF? do you mean ATR? cut losses, let profits run |
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Członek od Jun 04, 2011 3 postów
irijah
Jun 06 2011 at 13:56
Dear Shadinata
This is the ea I was using it is ATR you are right, I don't know how that works. http://www.onestepremoved.com/rsi-trend-ea.php |
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Członek od Jun 09, 2011 107 postów
tigpips
Jun 11 2011 at 19:40
I like your RSI strategy. RSI is one of the best indicators.
http://www.freeforexrebates.info |
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Członek od Jul 21, 2011 9 postów
Shaun Overton (ShaunOverton)
Jul 21 2011 at 14:30
Hi Irjah,
I'm the one that wrote the strategy that you posted the link to. Were you able to get it working? Which part of the strategy did you not like? Also, the most up to date link is http://www.onestepremoved.com/rsi-trend/. |
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Członek od Jan 27, 2011 103 postów
uda (uda7805)
Jul 22 2011 at 00:55
Hi Shaun,
Great simple idea. I sent mail to you (from your web) and hopefully we can have more details discussion. Thanks, Hantam la labuuu. Harap rezeki kat FX nih... |
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Członek od Jul 21, 2011 9 postów
Shaun Overton (ShaunOverton)
Jul 25 2011 at 14:05
Hi uda,
Thanks for your message. |
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