jMaster RSI - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources
The idea passed through Gillimak
mq5 code author - Bara Bashkakon
The Expert Advisor is based on the RSI custom smoothing indicator. Regression is calculated before signal generation.
The EA can apply one of the following three trailing types:
Likewise, you can choose between three stop loss and take profit options:
Attachment download
📎 jmaster_rsi.mq5 (105.85 KB)
📎 rsi_custom_smoothing.mq5 (10.41 KB)
Source: MQL5 #23199
jMaster RSI - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
jMaster RSI - MetaTrader 5 Expert | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator 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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