Hello I Created a expert adviser based on the stochastic.It opens a trade when stochastic and rsi is low or high.And when price is above maxprice and below lowprice.latest version is Rijfie stochastic rsi 4 uur versie 002 test.ex4 font color (breakevenline)font/size (breakevenline)fictiveloss (can be used with martingale starts trading after 0-6 losses)balans (only buys when tradebalans is over balans)Maxprice (sell order above this level trade is taken)Lowprice (buy order below this level trade is taken)lossbeforetradingkperiod (RSI)dperiod (RSI)slowing (RSI)steplevel (with martingale price must be lower before buying again)rsitime (select timeframe)rsihighrsilowhighlevel (stochastic)lowlevel (stochastic)stoploss (0 means no stoploss)takeprofit (0 means no takeprofit in version 009 thit doesn't work because of trail) (in version 011 you can set the takeprofit now trail doesn't work)magicnumberdifference (here you can change the difference between last stochastic and present stochastic )range (range between ma50 and price )lot ( if all lot are 0.01 then every buy or sell is 0.01 when double lot then you can use it as martingal)
This is the way i set up my tradings. - I am using Rijfie stochastic rsi 4 uur versie 002 test.mq4- Set high and low price in ea.(So you won't take any trades inside your defined price.)- When ea opens trade then you can set your takeprofit (low risk) to the first line from your pivot lines.- see pivot trading for indicators (special thanks to Davit).- if you like to post use Donald.tpl please. New version since 16-11-2020</p></p></p>
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Rijfie stochastic rsi 4 uur versie 001 test.mq4
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Uploaded May 10, 2020 10:47am
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Happy trading