RSI and MACD double Kill | Forex Factory

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RSI and MACD double Kill

  • #1
  • First Post: Edited Jan 22, 2021 10:46pm Jan 18, 2021 9:27pm | Edited Jan 22, 2021 10:46pm
RSI and MACD Double Kill 70% profit

I designed EA using entries from RSI and MACD. At first, I was quite pessimistic when designing EA using the RSI and MACD indicators. Then I did a test after I finished editing the algorithm and the results were amazing. Yes, RSI and MACD can provide pretty good profits, but I haven't added another strategy to overcome entry when the major trend changes.
Attached Image (click to enlarge)
Click to Enlarge Name: EA MACD Backtest.jpg Size: 400 KB

I am still trying to do some research to deal with any entries that have been opened when there is a trend reversal. I think some martingale or averaging strategies are not good enough to overcome positions that have already been opened when the trend reverses. If Anyone has some ideas please welcome.
In the following, please try my single EA MACD:
Attached Image (click to enlarge)
Click to Enlarge Name: EA MACD2.jpg Size: 126 KB
Attached Image (click to enlarge)
Click to Enlarge Name: EA MACD Report .jpg Size: 82 KB


Pair: GBPUSD
Recommended balance: 1000
Time Frame: M30
Bit of Strategy: Averaging and single MACD strategy.
Please subscribe to this thread for the next update, thanks.
Attached File(s)
File Type: ex4 EA MACD.ex4   34 KB | 1,861 downloads
  • #2
  • Jan 19, 2021 8:23am Jan 19, 2021 8:23am
Hi, is it natural that six pairs are not open for trading all day?
  • #3
  • Jan 19, 2021 8:13pm Jan 19, 2021 8:13pm
Quoting shango61
Hi, is it natural that six pairs are not open for trading all day?
Yes, it is possible, because the trading rules use MACD. However, I haven't checked for other pairs, have you tried it?
  • #4
  • Jan 19, 2021 9:12pm Jan 19, 2021 9:12pm
Attached Image (click to enlarge)
Click to Enlarge Name: Pairs setting.jpg Size: 57 KB

if anyone wants to test other pairs, please edit the pair text.
  • #5
  • Jan 21, 2021 2:37am Jan 21, 2021 2:37am
I have a suffix after the currency pair. For example, GBPUSDm#. Do I need to add the suffix when editing?
  • #6
  • Jan 21, 2021 4:10pm Jan 21, 2021 4:10pm
Thanks for the EA. Looks also good in backtesting with EURUSD 1H...
Attached Image (click to enlarge)
Click to Enlarge Name: EURUSD.png Size: 37 KB
  • #7
  • Jan 22, 2021 4:38am Jan 22, 2021 4:38am
hy!

Two running EA at the same time, with the same magic number. This is not so good.
  • #8
  • Jan 22, 2021 10:26pm Jan 22, 2021 10:26pm
Quoting shango61
I have a suffix after the currency pair. For example, GBPUSDm#. Do I need to add the suffix when editing?
Hi..
yes, u should write the suffix.
  • #9
  • Jan 22, 2021 10:27pm Jan 22, 2021 10:27pm
Quoting somma
hy! Two running EA at the same time, with the same magic number. This is not so good.
thanks for trying this EA
  • #10
  • Jan 22, 2021 10:32pm Jan 22, 2021 10:32pm
Quoting somma
hy! Two running EA at the same time, with the same magic number. This is not so good.
the ea logical read the magic number as order focus, i think u may not running 2 ea at the same time if the eas can't edit its magic number.
but this is a good reason for me to update the next version to make the editable magic number. thanks, yah.
  • #11
  • Jan 23, 2021 11:10pm Jan 23, 2021 11:10pm
What’s the overall logic behind entries/exit in the EA?
Take this course: https://shorturl.at/upBey
  • #12
  • Jan 24, 2021 12:59am Jan 24, 2021 12:59am
Quoting hengdi
RSI and MACD Double Kill 70% profit I designed EA using entries from RSI and MACD. At first, I was quite pessimistic when designing EA using the RSI and MACD indicators. Then I did a test after I finished editing the algorithm and the results were amazing. Yes, RSI and MACD can provide pretty good profits, but I haven't added another strategy to overcome entry when the major trend changes. {image} I am still trying to do some research to deal with any entries that have been opened when there is a trend reversal. I think some martingale or averaging...
Hi, greetings from Indonesia. I'm using this strategy either. But I replace RSI with CCI. This is a nice one. When the trend reverse, it's when my risk management work. I use swing low / swing high + ATR to place my stop loss.
  • #13
  • Feb 2, 2021 9:46pm Feb 2, 2021 9:46pm
Quoting Fernado1987
{quote} Hi, greetings from Indonesia. I'm using this strategy either. But I replace RSI with CCI. This is a nice one. When the trend reverse, it's when my risk management work. I use swing low / swing high + ATR to place my stop loss.
hi, greetings from Indonesia too. CCI and ATR are also great for swing entry methods. I really like that and intend to make it EA also for the next thread.
  • #14
  • Feb 2, 2021 10:09pm Feb 2, 2021 10:09pm
anyone using this ea doesn't forget to give me like..
  • #15
  • Feb 3, 2021 12:25am Feb 3, 2021 12:25am
first, warm appriciate to my brother hengdi for sharing his knowledges.
what does your system exactly do?
thanks
  • #16
  • Feb 8, 2021 10:03am Feb 8, 2021 10:03am
Quoting fforexer
first, warm appriciate to my brother hengdi for sharing his knowledges. what does your system exactly do? thanks
Hello and thanks for the EA!
What is it logic and rules?
Just an opinion. Based on research
  • #17
  • Feb 8, 2021 10:18am Feb 8, 2021 10:18am
Quoting hengdi
anyone using this ea doesn't forget to give me like..
Like given + thanks for your work
BTW, would you like me to set some period or parameters to test? I can use several my PCs to test different ways.
Just an opinion. Based on research
  • #18
  • Feb 18, 2021 4:38pm Feb 18, 2021 4:38pm
Quoting hengdi
anyone using this ea doesn't forget to give me like..
Hello Hengdi please i dont know if you can help me out here i need an arrow to be converted to ea with the setting of macd ,the setting for macd should be fast EMA--12 ,slowEMA---20,signalEMA----9 (attached is a screenshot) SO in the input of the arrow we should have only the signal line 9 as the setting .The EA should activate a trade when the macd zero is crossed and when the arrow gives alert for the crossover i will do the take profit and stop loss.Thanks
Attached Image (click to enlarge)
Click to Enlarge Name: Hegdi 11111.PNG Size: 43 KB
Attached File(s)
File Type: mq4 2x5 MA CROSS WITH SOUND.mq4   8 KB | 783 downloads
  • #19
  • Feb 19, 2021 12:24am Feb 19, 2021 12:24am
Hengdi, that results in backtest looks awesome Please, what are the rules for the entries in that EA? Can you describe it for me?

Many thanks
  • #20
  • Aug 17, 2022 4:43am Aug 17, 2022 4:43am
Quoting hengdi
RSI and MACD Double Kill 70% profit I designed EA using entries from RSI and MACD. At first, I was quite pessimistic when designing EA using the RSI and MACD indicators. Then I did a test after I finished editing the algorithm and the results were amazing. Yes, RSI and MACD can provide pretty good profits, but I haven't added another strategy to overcome entry when the major trend changes. {image} I am still trying to do some research to deal with any entries that have been opened when there is a trend reversal. I think some martingale or averaging...
Hi, it is in expert or indicator folder?
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