Thread: 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 =)

Originally Posted by Jerry47

here is the template and other indicators

Hi Jerry47,

Thanks for these explanations,

Here is the EMA-RSI EA.

Originally Posted by Jerry47

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.