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Thread: Another RSI

  1. #1
    Junior Member
    Join Date
    Nov 2009
    Posts
    3

    Default Another RSI

    Please I am trying to code this EA without success


    buy only if RSI (period 18) is = 29 and latest 5 ticks values where <= 29
    close the buy above only if (RSI period 18) is = 70

    AND

    sell only if RSI (period 18) is =71 and latest 5 ticks where => 71
    close sell above only if RSI (period 18) is = 28.5

    If possible limit buy open operations to max 20
    If possible limit sell open operations to max 20

    Anyone is able to code this ?
    Last edited by gr68; 11-28-2009 at 16:20.

  2. #2
    Junior Member
    Join Date
    Jun 2009
    Posts
    1

    Default

    Hey,

    i think its not the biggest problem to code the ea but there are some facts to clear first.

    Buy
    RSI = 29 ... what if RSI 29.05 ( is greater then 29 )

    latest 5 ticks < 29 ? its possible that tick1=28.95, tick2=29.05, tick3=28.90, tick4=29.00 a.s.o. what should the EA do now ?

    Sorry for my english.

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limit, rsi

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