Mql5官网 RSI Level EA 外汇EA

A simple EA that trades based on Relative Strength Index levels.

How it works?

• This EA trades with Relative Strength Index Level .
• Relative Strength Index Level will base its value on the current time frame.
• Only allows one open trade at a time.
• Two strategy to choose,  Reversal and Trend following.
• Optimize risk management settings for lot size and martingale.

Strategy:

Reversal

• Opens a buy position if the RSI is below oversold level.
• Opens a sell position if the RSI is above overbought level.

if Close on Reverse Trend is set to true.

• Close a buy position if the RSI is above overbought level.
• Close a sell position if the RSI is below oversold level.

Trend Following

• Opens a sell position if the RSI is below oversold level.
• Opens a buy position if the RSI is above overbought level.

if Close on Reverse Trend is set to true.

• Close a sell position if the RSI is above overbought level.
• Close a buy position if the RSI is below oversold level.

Parameters:

• MagicNumber – return an identifying (magic) number of the currently selected order.
• Custom Comment – trade comment text.
• Strategy – The option to choose Reversal or Trend Following. 
• Max Spread Pips – distance between Ask and Bid, at which you allow the EA to open a trade.
• Max Slippage – The difference between the expected price of a trade, and the price the trade actually executes at which you allow the EA to execute an order.
• ~~~~~RSI Settings~~~~~
• RSI Period – Input RSI period. 
• Over Sold – Input Oversold level.
• Over Bought – Input Overbought level. 
• Indicator Bar Value – The option to choose current bar value or closed bar value.
• ~~~~~Risk Management Settings~~~~~
• Start Lot – Starting lot size.
• Loss Factor – Multiplier of last lot size if the last trade was a loss.
• Max Consecutive loss – Maximum Consecutive loss, it will restart to starting lot size if reached.
• StopLoss – Stop loss value relative to open price. Measured in pips.
• TakeProfit – Take profit value relative to open price. Measured in pips.
• Trailing Step – Modify Stop order in steps when moves price moves to its favor, set 0 to deactivate.
• Trail above break even – if set to true it will only trail if calculated stop loss moves in favor of the order open price. (Above Buy Order Open Price, Below Sell Order Open Price)
• Close on Reverse Trend – if set to true, it will close open trade if it met the condition in reverse of opening the trade.
• Use_Candle_Filter – if set to true, it will only buy if the previous candle is bullish, and sell if the last candle is bearish.
• ~~~~~Time and Day Filter Settings~~~~~ – For Opening of Trades Only.
• Daily Start Time – Starts to open a trade.
• Daily Stop Time – Ends to stop opening a trade.
• Monday – Trade on Monday.
• Tuesday – Trade on Tuesday.
• Wednesday – Trade on Wednesday.
• Thursday – Trade on Thursday.
• Friday – Trade on Friday.
• ~~~~~Alert Settings~~~~~
• Send_Email
• Audible_Alerts 
• Push_Notifications 

Martingale is a very risky strategy!  Do not trade with money you can’t afford to lose!  Consider withdrawal as a part of the strategy!