RSI MA EA - MetaTrader 4 Expert | Forex Indicator Download - MT4/MT5 Resources

What I have is an EA that has been running since 2000, but has not yet been optimized.

The EA works on moving average trends and RSI signals in overbought and oversold areas. It has no goal but to end with the fastest profit, so its purpose is to always win. Inputs include money management and indicator settings; the signal occurs when the RSI is overbought or oversold and the price is above or below the moving average price.

V1 is tested and works on the following currency pairs and timeframes 2000.01.01 - 2018.06.30 and Tick Data Suite and 500.00 :

V1 tends to extend trading times, especially on longer time frames.

V2 manages trading volumes and uses a lot of margin, so this means you need high leverage to minimize drawdowns.

Be sure to use low spreads and commissions, and as always test with the best data.

Attachment download

📎 ma-rsi-ea.mq4 (10.23 KB)

📎 ma-rsi-eav2.mq4 (12.16 KB)

Source: MQL5 #21624