Name:
RSI Breakout
Author:texasnomad (2013.05.28 07:57)
Downloaded:5966
Download:
zip RSI Breakout RSI-Trend-MT4.zip (7.5 Kb)

Author:

OneStepRemoved.com MetaTrader Programming

Description:

The RSI Trend Strategy is the elementary Expert Advisor formed around regulating the RSI indicator as the traffic signal. When the RSI breaks upon top of 73 or dips subsequent 27, the Expert Advisor puts in an sequence to buy or sell the pair. The Expert Advisor uses ATRs to set exit prices. When the direction is entered, the stop detriment is set 3 ATRs during the back of the opening price. When the cost moves in preference of the merchant some-more than 3 ATRs, the stop detriment is set to mangle even. If the traffic continues to work, the trailing stop of 3 ATRs is used to in the future tighten out of the position.

Average loyal operation is the magnitude of sensitivity which some-more fairly measures sensitivity in markets disposed to gapping such as Commodities as well as Forex.

6 comments  To post the latest comment, greatfully log in or register

hmm following this plan in my micro comment approbation it gives distinction though rely upon monthly marketplace move
23.11.2013 17:46 nasirsultanaasi

Superbonus:
Can we greatfully put in the take distinction as well as stop detriment ? we had the traffic with the distinction starting to nap as well as woke the subsequent sunrise as well as there was the detriment . It done 32 pips distinction as well as afterwards incited around . Michael

Hi how have been you, i wish to discuss it we the tip of forex marketplace i.e Volume as well as Price…. if we get used with this in EA afterwards we need zero as well as each each time we will embrace profit;
I am regulating strategies as well as charity managed comment for those who wish to deposit in forex though fearful of detriment afterwards this is the plafform where he can grow with no loss, i am charity 15% to 30% depending upon marketplace the month opposite investment in managed account.

contact me privately with email theme as “managed comment 15% to 30% the month” during macliteriint@gmail.com

06.11.2013 11:31 hamayooon4u

You have combined the really great as well as elementary ea, we similar to this ea really many really great work. we have beheld in contrast which many trades go in to distinction but, retreat as well as take the lose. we hold the ea would be some-more essential if the tough stop remove was used as well as the trailing stop were set to begin during mangle even. we consider this would keep loses to the smallest as well as enlarge the possibility of throwing the great traffic for great profit.

22.10.2013 15:45 Ctaylor

Can we greatfully put in the take distinction as well as stop detriment ? we had the traffic with the distinction starting to nap as well as woke the subsequent sunrise as well as there was the detriment . It done 32 pips distinction as well as afterwards incited around . Michael
21.08.2013 13:53 Superbonus

Looks interesting, interjection for sharing.

11.06.2013 10:22 Beakon

I consider we get it. This EA is regulating the RSI to locate the breakout, not to prove it is oversold  or overbought.

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Rating: 7 out of 10 (from 27 votes)