RSI or Relative Strength Index signals if an asset is in an overbought or oversold condition. It is considered to be one of the most popular momentum indicators. The RSI Expert Advisor has 2 entry strategies: Break-in: The EA opens a trade if the RSI levels break into the oversold/overbought level. Breakout: The EA opens […]
The Heiken Ashi Expert Advisor utilizes the default Heiken Ashi indicator or the free Heiken Ashi Smoothed indicator to open a trade. A buy trade is created if 1,2 or 3 (according to the entry filter) blue candles trail after a red one. Vice versa for the sell signal. The pro version does also have […]
Ichimoku Chikou Cross is a MetaTrader 4 expert advisor built on typical Ichimoku Kinko Hyo indicator with default settings. Explicitly, it uses the cross of Chikou span with a price to produce trading signals. The signals are set by the comparative position of current price and Kumo.
FXMath GBPUSD (H1) Free Expert Advisor uses the following strategy: Long(Buy) = ((((ParabolicSAR(0.02, 0.2) Crosses Above EMA(51)) And (CCI(6) (ParabolicSAR(0.01, 0.2) * (ParabolicSAR(0.02, 0.2) * ParabolicSAR(0.02, 0.2))))) And (CCI(86) > (ParabolicSAR(0.02, 0.2) * (ParabolicSAR(0.01, 0.2) * EMA(86))))) Short(Sell) = ((((ParabolicSAR(0.02, 0.2) Crosses Below EMA(51)) And (CCI(6) > CCI(86))) And (CCI(15) < (ParabolicSAR(0.01, 0.2) * (ParabolicSAR(0.02, […]
To demonstrate the best of transforming strategies from theory to practical Expert Advisors, we will glance at the trading approach “Double Sevens.” This trading strategy is built on buying and selling pairs centered on their point relative to their moving average. Buy signals will be inserted when trading patterns are marked above the moving average, […]