Expert_RSI_Stochastic_MA - MetaTrader 5 Expert - MT4/MT5 Resources
The author of the idea is Oksana Belenko , and the author of the mq5 code is Balabashkakon .
The Expert Advisor uses three indicators: MA(150), RSI(3) with levels of 80 and 20, Stochastic indicator(6,3,3) with levels of 70 and 30. You can change these parameters and set your own values.
1. The trading entry direction is determined based on the MA (Moving Average). Open a trade in one direction only.
2. Position entry is executed when RSI and stochastic conditions are met.
3. Exports are based on stochastic indicators.
Exit with profit points.
b) If stochastic > 70 and open price <= bid, close buy
s) Close sell if stochastic < 30 and open price >= ask
Ended with a loss.
b) Close buy if stochastic > 70 and open > bid
s) Close sell if stochastic < 30 and open price < ask price
EURUSD test, H1:
Attachment download
📎 expert_rsi_stochastic_ma.mq5 (50.18 KB)
Source: MQL5 #18671
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