Trend Tops and Bottoms - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resources
This EA buys when a new low is made in a downtrend and the RSI is oversold.
Input of trend range and quality, including number of bars covered by the review.
Selling a new high is the same as buying.
Attachment download
📎 tops_bottoms_trend_and_rsi_ea.mq4 (350.85 KB)
Source: MQL5 #36244
The Top and Bottom of the Trend - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resource Usage and Screening Suggestions
Trend Tops and Bottoms - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 resources are MT4 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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