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Free trade robot EMA_WMA_RSI

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Old 24-04-2010, 09:04
VladimirCmillin's Avatar
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Default Free trade robot EMA_WMA_RSI

Description:

Expert Advisor is fairly simple and with a little practice it can be modified even people not familiar with the programming.

An Expert Advisor opens the trade, based on the intersection of MA. Opening is filtered on the indicator RSI.

If RSI> 50 - allowed only Buy
If RSI <50 - allowed only Sell
Variables:
period_EMA = 28 - period EMA line
period_WMA = 8 - between lines WMA
period_RSI = 14 - period RSI indicator
stoploss = 0 - level set stop loss orders at the opening (if 0, then the stoploss is not exposed)
takeprofit = 500 - level set take profit at the opening of a warrant (if 0, then takeprofit not exposed)
risk = 10 - if Lot = 0, then the size of the Lot is calculated as% (risk) of free funds
Magic = 777 - the unique number of orders of the adviser, is used to make the adviser does not affect the order open hand or other advisers.
CloseCounter = false - if you set the parameter to true, the warrants will be closed at the opposite signal. Ie when opening Buy, Sell and close down all the way around.
Lot = 0.1 - lot may be installed either, but at zero lot will be calculated automatically.
TrailingStop, Tip.Fr.or.Candl - Used in advisor TrailingStop detail: http://codebase.mql4.com/6503



Tips:

If you place takeprofit = 0, then be sure to CloseCounter = true, otherwise the order simply did not close.

When installing the stoploss = 0, protective stop there, with the balance line in the tester is nice, but there is a risk of subsidence.

More of my work:

Good luck!
Attached Files
File Type: mq4 EMA_WMA_RSI_v1.0.mq4 (9.1 KB)

Last edited by VladimirCmillin; 24-04-2010 at 09:19.
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