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Simple RSI based EA
Jun 04, 2011 at 13:14
Vues 4,642
15 Replies
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,
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,
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
An example:
http://www.forex-tsd.com/expert-advisors-metatrader-4/7913-rsi-ea.html
"Without discipline, there’s no life at all."
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."
forex_trader_37861
Membre depuis May 29, 2011
posts 3
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?
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
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
Membre depuis Jul 21, 2011
posts 9
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/.
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/.
Membre depuis Jul 21, 2011
posts 9
Jul 25, 2011 at 14:05
Hi uda,
Thanks for your message.
Thanks for your message.
Membre depuis Jan 14, 2010
posts 541
Jul 25, 2011 at 16:04
uda, do you have a forward test of the advisor?
Membre depuis Jul 21, 2011
posts 9
Jul 25, 2011 at 16:27
uda,
Check your PMs.
Check your PMs.
Membre depuis Jan 14, 2010
posts 541
Jul 25, 2011 at 16:31
uda7805 posted:
not yet, I requested a custom EA based on RSI, I will wait if Shaun will help me and will post the result..
I see - please let me know of the result! 😄
forex_trader_27988
Membre depuis Jan 26, 2011
posts 974
Aug 24, 2011 at 18:49
i would also like to know of the result.
where is it?
where is it?
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