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Thread: Ema-rsi Ea

  1. #1
    Junior Member Jerry47's Avatar
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    Default Ema-rsi Ea

    Hey Funyoo! thx for all your hard work! i have a system that i would like you to help me program! its simple

    thx again,
    jerry47



    Settings


    RSI
    period = 5

    Slope Direction Line
    period = 45
    method = 3
    price = 0

    MA Crossover Alert( already programmed to show arrow on next bar )
    Fast_ma= 1
    fast_ma period = 5
    fastpricemode = 0
    slow_ma Mode = 1
    slow_ma period = 15
    slow Price mode = 0


    3 conditions


    Buy signal
    -MA cross UP
    -slope Direction line BLUE
    - RSI >= 65

    Sell signal

    -MA cross DOWN
    -slope Direction line RED
    -RSI <=35

    EXIT STRATEGY

    when all 3 conditions are not met, then exit trade

    take profit 100
    trailing start 20
    trailing stop 20
    stop loss 30


    MONEY management

    depending on account size ,
    always risk small so roughly can start with about 0.05 lots for a $500-1000 account


    if possible, later on can add in an ATR filter but just try making it simple first =)
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    Last edited by Jerry47; 10-19-2009 at 13:22.

  2. #2
    Junior Member Jerry47's Avatar
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    Default template and other indicators

    here is the template and other indicators
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  3. #3
    Administrator funyoo's Avatar
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    Quote Originally Posted by Jerry47 View Post
    here is the template and other indicators
    Hi Jerry47,

    Thanks for these explanations,

    Here is the EMA-RSI EA.
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  4. #4
    Junior Member Jerry47's Avatar
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    thx funyoo, that was fast,

    slight modifications,

    help add the function
    onlycross,

    like only decide to enter the trade, eg,

    if (MAcross up on the first bar)
    {
    then
    if (rsi >=65 && slope ==blue)
    {
    order buy
    }

    opposite for sell

    and then wait for the next ma_cross signal



    i think this would help this ea well =3

    thx again funyoo

    p.s.
    i only did basic C++ in uni

  5. #5
    Administrator funyoo's Avatar
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    Quote Originally Posted by Jerry47 View Post
    thx funyoo, that was fast,

    slight modifications,

    help add the function
    onlycross,

    like only decide to enter the trade, eg,

    if (MAcross up on the first bar)
    {
    then
    if (rsi >=65 && slope ==blue)
    {
    order buy
    }

    opposite for sell

    and then wait for the next ma_cross signal



    i think this would help this ea well =3

    thx again funyoo

    p.s.
    i only did basic C++ in uni
    Ok, EA updated.
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  6. #6
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    Default

    Quote Originally Posted by funyoo View Post
    Ok, EA updated.
    Hi Funyoo. thank you for your positive impact in our lives. can you modify that ma rsi ea to use atr and fractical indicator. this is what I mean it will buy or sell when (5) period ATR is greater than (14) period ATR. take profit will be at the emergence of fractial line. thank u

Tags for this Thread

add, atr, crossover, funyoo, indicator, indicators, profit, rsi, signal, simple, stop, strategy, system, thank you

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