All products
Experts
Indicators
Utilites
Information for beginners 
Recomended BrokerAW RSI based EA
- List of product options
| CODE | Trading platform | Availability | Price | ||
|---|---|---|---|---|---|
|
|
$45.00 | ||||
|
|
611989529991A
|
$45.00 |
Please sign in so that we can notify you about a reply
Features
Expert Advisor Type:
- Hedging
- Level trading
- Martingale
Основные характеристики
Current version:
1.00
Operating system:
Windows 7/8/10
Published:
17 March 2021
Trading platform:
MetaTrader 4
Description
The Expert Advisor trades on price returns from oversold or overbought conditions, opens positions when signals are received from the RSI oscillator . The system has many scenarios and flexible configuration. Uses averaging, the function of closing the first and last basket orders and the function of automatic lot calculation. Has an advanced dashboard and three types of notifications
Advantages:
- Easy setup and intuitive panel interface
- Configurable indicator signals
- Suitable for any type of instrument and any timeframe
- Uses averaging if necessary
- Built-in automatic lot calculation
- Built-in system for closing the first and last basket orders
- Three types of notifications: push, email, alert
Strategy:
The Expert Advisor trades on price returns from oversold or overbought conditions, opens positions when signals are received from the RSI oscillator.
Implements various options for trading behavior:
- Buy trades if the oscillator line has broken through the lower level from bottom to top
- Sell trades if the oscillator line has broken the upper level from top to bottom
Different trading strategies are available:
- Bilateral trade:
- In this case, when bearish signals are received, the advisor will make a sell
- When bullish signals are received, the advisor will make a buy
- One-way trade:
- The EA can only make trades on bullish signals
- The EA can only make trades on bearish signals
Inputs
MAIN SETTINGS
- Size of the first order - Volume for opening the first order
- Enable Autolot calculation - Use automatic lot calculation.
- Autolot deposit per 0.01 lots - Deposit volume for every 0.01 when using autolot
SIGNALS
- RSI Timeframe - Indicator timeframe, 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 trades
- Higher RSI level - The upper level for the indicator, the higher the value, the fewer transactions
- Period RSI - Period for the indicator, the higher the value, the fewer trades
- Applied price RSI - The price used to calculate the indicator
GRIDS SETTINGS
- Minimum step between average orders - a variable that regulates the step between orders, 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 a given coefficient
TAKE PROFIT SETTINGS
- Of TakeProfit of the Virtual Size (with In points) - The size of the virtual Take profits . 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 by the last
- Use overlap after that number of orders - Use overlap after the 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 allowable 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 ордеровсоветника
- Comments of the EA's orders - Comments for the EA's orders
- Allow to open OP_BUY orders - Allow the advisor to open orders of the OP_BUY type
- Allow to open OP_SELL orders - Allow the advisor to open orders of the OP_SELL type
- Allow to open new orders after close - Allow sending new orders after all orders are closed
- Show panel of advisor - Ability to show or hide the 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 orders are closed
- Send mails when closing orders - Sending letters to an email address when closing orders
- Send alerts when closing orders - Sending pop-up notifications on the terminal when orders are closed
