RSI_Expert_v2.0 - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resources

The author of the idea - Alexey Cherbayev

mq5 code author - Bara Bashkakon

The EA only runs when a new bar appears. It always uses the iRSI indicator, while using the iMA indicator depends on the moving average trading range:

To disable Stop Loss ( Stop Loss ), Take Profit ( Take Profit ) or Trailing ( Trailing Stop Loss ) simply pass "0.0" to the parameter.

Batch management

Lots may be constant (" Money Management " parameter equals " Constant Lots ") - or dynamic, risk percentage per trade (" Money Management " equals " Trade Risk Percent ").

The EA can also be launched in netting, but the results are unpredictable.

Attachment download

📎 rsi_expert_v2.0.mq5 (57.63 KB)

Source: MQL5 #22458