Hi
I am working on the Simple RSI technique. My technique is little bit different. I dont take level 70 as overbought and 30 as oversold. I actually short when RSI crosses below 30 on the same candle and buy when crosses 50 for 5-10 pips profit!
Problem: I created EA but it sells everytime it sees the RSI 30. so when it crosses below 30 it gives successful trade but when its crosses 30 when its going up thats trouble. Losing trade vice versa for 50...
So can somebody help me to write the EA that trades only when RSI crosses below 30 then SHORT and its its going above 30 we dont want to do anything. same for RSI 50 level.
Thanks in advance
JK
I am working on the Simple RSI technique. My technique is little bit different. I dont take level 70 as overbought and 30 as oversold. I actually short when RSI crosses below 30 on the same candle and buy when crosses 50 for 5-10 pips profit!
Problem: I created EA but it sells everytime it sees the RSI 30. so when it crosses below 30 it gives successful trade but when its crosses 30 when its going up thats trouble. Losing trade vice versa for 50...
So can somebody help me to write the EA that trades only when RSI crosses below 30 then SHORT and its its going above 30 we dont want to do anything. same for RSI 50 level.
Thanks in advance
JK