Your Private EA Creation Toolkit
Welcome to the RSI Grasp EP1! This information will allow you to perceive tips on how to configure and optimize your EA methods with ease. Whether or not you are a newbie exploring algorithmic buying and selling or an skilled dealer customizing advanced logic — this device was made for your fashion.
Let’s break it down into easy, clear sections so you may get began rapidly and confidently. Prepared? Let’s go! 🚀
🅐 Primary Parameters Setting
Fundamental technique settings for core habits.
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Strategic identify: Label used for logs and backtest experiences.
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Max purchase/promote orders: Limits the variety of trades per facet (Purchase/Promote).
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Max pace: Restricts how briskly orders can open. Set 0 to disable.
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Magic quantity: Distinctive ID for this EA’s trades.
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Enable commerce BUY and SELL on the similar time: true = each instructions allowed.
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Commerce as soon as per bar: true = just one commerce per candle.
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If order = 1: Permits grid continuation even with out sign.
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Fairness kind for TP/SL: Controls how take-profit and stop-loss relate to fairness.
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Purchase/Promote Technique: Select technique IDs for Purchase/Promote individually.
You’ll be able to combine & match as much as 3 methods per course.
✅ Instance Technique IDs:
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311-07 & 311-08 → RSI Cross
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209-09 → MA Cross
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311-13 & 311-14 → RSI Slope
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605-01 to 605-04 → Trendline Crosses (NEW!)
🧠 Dynamic Trendline Logic (New!)
Worth reacts to sensible trendlines drawn mechanically.
ID | Situation | Description | ||||||
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605-01 | Shut cross ↑ Descending trendline | Bullish breakout | ||||||
605-02 | Shut cross ↓ Descending trendline | Bearish continuation | ||||||
605-03 | Shut cross ↑ Ascending trendline | Development affirmation | ||||||
605-04 | Shut cross ↓ Ascending trendline | Development weakening/reversal |
💡 Use these to detect breakouts from consolidation or affirm pattern momentum.
📘 RSI Technique Logic
Select RSI-based methods to detect momentum and pattern shifts.
🔹 Easy RSI Stage Circumstances
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311-01 : RSI > 50 → Bullish bias
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311-02 : RSI < 50 → Bearish bias
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311-03 : RSI > Overbought
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311-04 : RSI drops under Overbought
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311-05 : RSI rises above Oversold
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311-06 : RSI < Oversold
🔹 RSI Cross Circumstances
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311-07 : RSI crosses above 50 → Momentum picks up
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311-08 : RSI crosses under 50 → Momentum turns bearish
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311-09 : RSI crosses above Overbought
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311-10 : RSI crosses under Overbought
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311-11 : RSI crosses above Oversold
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311-12 : RSI crosses under Oversold
🔹 RSI Slope (Momentum)
🔹 Examine Two RSI Strains
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311-15 : RSI1 > RSI2 → Bullish affirmation
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311-16 : RSI1 < RSI2 → Bearish affirmation
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311-17 : RSI1 crosses above RSI2 → Entry sign (Purchase)
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311-18 : RSI1 crosses under RSI2 → Entry sign (Promote)
🧠 Technique Examples
🔁 Technique 1: Development Continuation
🔁 Technique 2: Oversold Reversal
🔁 Technique 3: RSI Crossover
🅑 Lot & Lot Dimension Setting
Management place dimension logic:
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Preliminary lot dimension
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Auto lot dimension (e.g., 0.01 per $500)
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Lot dimension calculation technique
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Lot multiplier for Martingale/grid
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Max lot dimension cap
🅒 Grid Distance Setting
Handle spacing between grid orders:
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Fastened distance
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Use mounted till order X
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Dynamic distance
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Distance multiplier
🅓 TP / SL Distance Setting
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Common TP begin
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Customized TP (factors)
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SL distance (factors)
🅔 Trailing Cease Setting
🅕 Shut Orders Setting
🅖 Drawdown Discount (DDR)
Minimize losses well:
🧪 Instance:
If 1st = -15, Final = +20
→ (-15 + 20)/20 × 100 = +25% ✅
🅗 Hedging Methodology Setting
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Allow Hedging
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Begin if DD ≥ %
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Hedge Lot %
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Max hedge lot
🅘 Data Panel Setting
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Compact view
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Panel shade
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Opacity
🅙 Notification Setting
🅚 Indicator Parameters
Set how indicators behave:
Shifting Common
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Timeframe
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Utilized value
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Interval
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Methodology (SMA/EMA/and so forth.)
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Slope period (bars)
RSI
🎯 Remaining Ideas
✅ Mix a number of technique varieties for strong logic.
✅ Use trailing cease and correct lot administration.
✅ Backtest completely earlier than going dwell.
✅ Regulate to your buying and selling fashion: Development, reversal, breakout, or range-based.