Are you looking to enhance your trading strategy? This RSI EA (Relative Strength Index Expert Advisor) is designed to help you navigate the markets by focusing on overbought and oversold conditions.
With this EA, you'll automatically buy when the RSI indicates oversold conditions and sell when it signals overbought. It's all about making your trading smoother and more efficient!
Recent Updates
Update (September 28, 2015):
- Trailing Stop Added: The trailing stop feature is now included and will activate only if you set TrailingStop > 0.
- Here's how to set it up in your code:
input double TrailingStop=0;
Update (September 9, 2015):
input bool OpenBUY=True; input bool OpenSELL=True; input bool CloseBySignal=True;
- OpenBUY & OpenSELL: You now have the flexibility to choose whether to trade buy only, sell only, or both.
- CloseBySignal: This requires you to set your Stop Loss and Take Profit levels (if CloseBySignal is set to false).
With these updates, you can optimize your trading approach and make the most of market movements. Happy trading!
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