Freeman - MetaTrader 5 Expert | MT5 EA Download - MetaTrader 5 Resources
Author of the idea : VG
MQL5 code author : Balabashka Kong
The idea is simple: if the RSI is in oversold territory and starts to reverse upward, while the moving averages are also rising, this is a buy signal. The opposite applies to sales.
The main feature of the EA is the ability to use two sets of parameters. Some settings have shorter cycles and can provide more entries. Others, conversely, have longer cycles and provide fewer but more accurate entries.
ATR is used to calculate stop loss and take profit levels. Trades can be sorted by trend. The moving average of H1 is used as a filter.
Test all symbols on the M15 timeframe in "Every tick" mode:
Attachment download
📎 freeman.mq5 (76.6 KB)
Source: MQL5 #21616
Freeman - MetaTrader 5 expert | MT5 EA download - MetaTrader 5 resource usage and screening suggestions
This content can be used as a data entry for foreign exchange EA, indicators, trading systems or quantitative strategies. When reading, it is recommended to make a judgment based on the platform version, trading type, time period, risk control method and historical discussion background. Do not use it directly based on the title or a single point of view.
If the content involves MT4/MT5, ForexFactory, MQL source code, TradingView indicators or strategy discussions, you can give priority to the parameter logic, backtest environment, market stage, execution cost and failure conditions, and then decide whether to continue downloading, reviewing or secondary development.
Risk warning
For any EA, indicator or automatic trading strategy, it is recommended to first conduct historical backtesting, simulation account verification and small capital testing. Grid, Martin, high frequency, recovery and examination strategies especially require setting the account risk upper limit, single variety risk upper limit and manual deactivation conditions.
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