RSI MA EA – expert for MetaTrader 4

What I have is an EA working from 2000, but it is not optimized.

The EA works by Moving Average trend and RSI signals at overbought & oversold areas. It doesn’t have targets but instead closes with soonest profits, so it’s purpose is to always win. The inputs include money management and indicator settings; the signals occur when the RSI is in overbought or oversold and price has moved above or below moving average price.

V1 is tested and working on the following pairs & timeframes from 2000.01.01 – 2018.06.30 with tick data suite and 500.00:

  • EURUSD: D1 – H4 – H1 – M30 – M5 (spread of 4)
  • GBPUSD: H1 – M30 – M5 (spread of 6)
  • USDCHF: D1 – H1 (spread of 6)
  • USDJPY: H4 – M30 – M15 (spread of 6)
  • AUDUSD: H4 – M30 (spread of 5)
  • USDCAD: D1, H4 – H1 – M30 (spread of 5)
  • NZDUSD: D1 – H4 – M30 – M15 – M5 (spread of 6)
  • GBPJPY: D1 – H4 – H1 – M30 – M15 – M5 – M1 (spread of 8)
  • USDSGD: D1 – H4 – M15 (spread of 8)
  • AUDCAD: D1 – H1 – M30 – M15 (spread of 8)
  • Possibly more ..

V1 tends to have trades open for extended periods of time and on higher timeframes especially.

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RSI MA EA

V2 manages volume and uses lots of margin so it means you need a high leverage to minimize drawdown.

Be sure to use low spread & commission and test with the best data as always.

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