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Thread: My Simple RSI System

  1. #1

    Default My Simple RSI System

    Hi,
    i have a system on rsi.
    it is so so simple.
    i have an indicator which rsi level arrows.
    plese change rsi period 30
    Eur - Usd 5 M.

    Can you make an ea?
    need Tp, Sl, Tralling and time filter.

    How can we improve this simple system...

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  2. #2
    Administrator funyoo's Avatar
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    Hi serdarso,

    Here it is.
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  3. #3

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    Quote Originally Posted by funyoo View Post
    Hi serdarso,

    Here it is.
    Thank you so much,
    Last edited by serdarso; 10-07-2009 at 14:34.

  4. #4

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    Hi Funyoo, when you get a chance, can you code these functions into this RSI EA? Also is it possible to add options like "trade on buy signal only/ trade on sell signal only" ? really appreciated!

    Quote Originally Posted by Kakuk View Post
    thanks so much Funyoo!

    I ran into a problem like the EA closed the last trade with very little profit, then restart the martingale loop. For example, in this sequence, (0.1 lot) -$20, (0.2 lot)-$40, (0.4 lot)-$60, (0.8 lot)-$80 then last trade made (1.6 lot) +$20, at this point the EA starts from the beginning lots again (since the program determines +$20 is a profit), leaving a net loss and only have a small position in the next trade which turns out to be a great trend.

    Is there a function that will keep martingale going if say the current trade closed doesn't at least breakeven the loss incurred in the previous trade sequence? I hope I explained myself clearly. Pardon my crappy English.

    btw, is there a function takes profit partially say 50%, then take another 50% later? example would take 50% on 20 pips profit of move then take the rest 50% if trade goes in profit to 40 pips. Scale out.

    thanks again!

  5. #5
    Administrator funyoo's Avatar
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    Quote Originally Posted by Kakuk View Post
    Hi Funyoo, when you get a chance, can you code these functions into this RSI EA? Also is it possible to add options like "trade on buy signal only/ trade on sell signal only" ? really appreciated!
    Hi Kakuk,

    Tradelong, tradeshort and closeonrealprofit options added.
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  6. #6

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    Hi Funyoo, thx so much!

    just one thing, "oppositeclose" doesnt work when I try to have it to tradelong or tradeshort only. please fix this when u get a chance, really appreciated!


    Quote Originally Posted by funyoo View Post
    Hi Kakuk,

    Tradelong, tradeshort and closeonrealprofit options added.

  7. #7
    Administrator funyoo's Avatar
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    Quote Originally Posted by Kakuk View Post
    Hi Funyoo, thx so much!

    just one thing, "oppositeclose" doesnt work when I try to have it to tradelong or tradeshort only. please fix this when u get a chance, really appreciated!
    Hi Kakuk,

    Code updated.
    Attached Files Attached Files

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Tags for this Thread

breakeven, change, indicator, level, martingale, profit, rsi, signal, simple, system, time, trend, usd

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