PA+MACD+RSIOMA strategy (PA+MACD+RSIOMA strategy) - MT4/MT5 resources
92% winning rate strategy. Trade 5 Convergence Points <br> It’s been a long time since I had a losing trade. The worst is. I need an EA code to automatically trade this strategy <br> The strategy is based on support and resistance, t3 moving average, 2 MACD (slow and medium settings) and the RSIOMA indicator.
5 minutes because I am a scalper. Works fine on higher timeframes as well.
Entry RulesBuy-in
1. Pay attention to the key level formed above the t3 200EMA
2. RSIOMA crosses the 50 mark, both MACD should be yellow
Sell and vice versa
SL - Top/Bottom of recent key level +4pips
Exit - Dynamic (when RSIOMA crosses back to the 50 line).
Exit all trades or tighten your stop 5 minutes before close (toggle option)
Manage Transactions -
Tighten stops on all open trades 1 minute before big news occurs Trade below or above key levels, but not inside them (support/resistance areas)
*If the ratio of the next key level is below 1:1, no trade will be made
*Tighten stop loss to 1ATR 1 minute before news release
*Trail SL is available at every key level. Move SL once the candle opens and closes above this level
* Please do not trade 15 minutes before or after the red folder news
* Maximum open trades at one time - 3
*Avoid trading on large candles (>ATRx 3) or candles too far away from key levels
*BE at 1:1 RR on and off
*Add diffusion filter
*Add trading time
*The EA should be able to calculate the lot size based on the calculated SL (in pips) and the risk amount I enter (e.g. 100 USD) and currency pair pip value... and open a trade immediately... all in real time.
5 minutes because I am a scalper. Works fine on higher timeframes as well.
Entry RulesBuy-in
1. Pay attention to the key level formed above the t3 200EMA
2. RSIOMA crosses the 50 mark, both MACD should be yellow
Sell and vice versa
SL - Top/Bottom of recent key level +4pips
Exit - Dynamic (when RSIOMA crosses back to the 50 line).
Exit all trades or tighten your stop 5 minutes before close (toggle option)
Manage Transactions -
Tighten stops on all open trades 1 minute before big news occurs Trade below or above key levels, but not inside them (support/resistance areas)
*If the ratio of the next key level is below 1:1, no trade will be made
*Tighten stop loss to 1ATR 1 minute before news release
*Trail SL is available at every key level. Move SL once the candle opens and closes above this level
* Please do not trade 15 minutes before or after the red folder news
* Maximum open trades at one time - 3
*Avoid trading on large candles (>ATRx 3) or candles too far away from key levels
*BE at 1:1 RR on and off
*Add diffusion filter
*Add trading time
*The EA should be able to calculate the lot size based on the calculated SL (in pips) and the risk amount I enter (e.g. 100 USD) and currency pair pip value... and open a trade immediately... all in real time.
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