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Rsi Ea

Discussion in 'Forex Trading Systems and Strategies' started by irijah, Jun 3, 2011.

  1. irijah

    irijah Recruit

    Jun 3, 2011
    Likes Received:
    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 startegy.

    #1 irijah, Jun 3, 2011
    Last edited: Jun 3, 2011

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