The Altarius RSI Stochastic EA is a powerful tool designed for traders using MetaTrader 5. This Expert Advisor combines two Stochastic Oscillator indicators with one Relative Strength Index (RSI) to enhance your trading strategy.
Creator Insights — The brains behind this idea is cxa, while the MQL5 code was crafted by barabashkakvn.
This EA optimizes lot sizes based on a thorough analysis of your closed trades. Here’s a quick look at how it computes the optimal lot size:
//+------------------------------------------------------------------+
//| Calculating optimal lot size |
//+------------------------------------------------------------------+
double LotsOptimized()
{
double lot=Lots;
int losses=0; // number of losses deals without a break
//--- select lot size
lot=NormalizeDouble(m_account.FreeMargin()*MaximumRisk/1000.0,2);
//--- calculate number of losses orders without a break
if(DecreaseFactor>0)
{
//--- request trade history
HistorySelect(TimeCurrent()-86400,TimeCurrent()+86400);
//---
uint total=HistoryDealsTotal();
//--- for all deals
for(uint i=0;i<total;i++)
{
if(!m_deal.SelectByIndex(i))
{
Print("Error in history!");
break;
}
if(m_deal.Symbol()!=Symbol() || m_deal.Entry()!=DEAL_ENTRY_OUT)
continue;
//---
if(m_deal.Profit()>0)
break;
if(m_deal.Profit()<0)
losses++;
}
if(losses>1)
lot=NormalizeDouble(lot-lot*losses/DecreaseFactor,1);
}
//--- return lot size
if(lot<0.1)
lot=0.1;
return(lot);
}
//| Calculating optimal lot size |
//+------------------------------------------------------------------+
double LotsOptimized()
{
double lot=Lots;
int losses=0; // number of losses deals without a break
//--- select lot size
lot=NormalizeDouble(m_account.FreeMargin()*MaximumRisk/1000.0,2);
//--- calculate number of losses orders without a break
if(DecreaseFactor>0)
{
//--- request trade history
HistorySelect(TimeCurrent()-86400,TimeCurrent()+86400);
//---
uint total=HistoryDealsTotal();
//--- for all deals
for(uint i=0;i<total;i++)
{
if(!m_deal.SelectByIndex(i))
{
Print("Error in history!");
break;
}
if(m_deal.Symbol()!=Symbol() || m_deal.Entry()!=DEAL_ENTRY_OUT)
continue;
//---
if(m_deal.Profit()>0)
break;
if(m_deal.Profit()<0)
losses++;
}
if(losses>1)
lot=NormalizeDouble(lot-lot*losses/DecreaseFactor,1);
}
//--- return lot size
if(lot<0.1)
lot=0.1;
return(lot);
}
Check out the backtest results on EURUSD and USDJPY:
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