Bands and RSI

The strategy is based on the previous bar's position, including his shadow, in relation to the indicator Bollinger Bands. RSI indicator must be directed towards the resultant signal. Working timeframe - M30.

Features

• Template has an adaptive predictive algorithm based on historical price movements;


• It has several filters for opening new orders;


• Compatible with any trading strategy, manual or automatic (counselors);


• It has maximum functionality and compatibility: adaptive mesh orders, Blocking, averaging Buy-In.

Installing advisor

Quotes must be pumped up on all currency pairs for which the adviser will be installed.

If you allow multitorgovlyu (Inp_Multicurrency - true), the adviser will work as a whole on all the established currency pairs with the same magic number.

For operation of the news filters in the terminal in the menu, open the "Tools" ---> "Settings" ---> "Expert Advisors" ---> add the address "http://calendar.fxstreet.com" in the field "it Allows WebRequest for the following URL".

Main settings

• Inp_RSIPeriod, Inp_RSIPrice - RSI indicator parameters;


• Inp_BandsPeriod, Inp_BandsDeviation, Inp_BandsPrice - indicator parameters Bollinger Bands;


• Inp_NewsFilter, Inp_NewsImpotance, Inp_StopBeforeNews, Inp_StartAfterNews - setting the news filter;


• Inp_StartTime, Inp_EndTime - work on time;


• Inp_PriceFilter - Volatility filter;


• Inp_BalanceLots - calculation of trading lot on the balance (maximum lot / 100 * Inp_BalanceLots);


• Inp_StartLots - starting auction if Inp_BalanceLots = 0;


• Inp_PercenValues - set the stop-loss, take profit, and trailing in bezubytka%, or paragraphs;


• Inp_StopLoss - stop loss at 0 not used;


• Inp_TakeProfit - takeprofit at 0 not used;


• Inp_MinProbability - the minimum probability of profits to open a position at 0 is not used;


• Inp_Forecast - number of price levels for constructing prediction set from 2 to 7;


• Inp_MagicNum - magic number, with 0 advisor will work with absolutely all orders;


• Inp_EaComment - comment to the transactions;


• Inp_MaxSlippage - the maximum slip for the opening of the order;


• Inp_MaxSpread - maximum spread;


• Inp_ReverseTrades - open positions on the contrary, instead of buy - sell, instead of sell - buy;


• Inp_DiffDirections - allow multidirectional open orders;


• Inp_ModeWithdrawal - prohibit open new positions, only work on closing;


• Inp_Multicurrency - take into account the positions of all characters in the calculation of the stop-loss, take-profit, bezubytka and trailing;


• Inp_CloseOnSignal - close positions at reverse signal;


• Inp_CloseAllOrders - close all multidirectional order when the total gain or loss;


• Inp_BreakevenStop, Inp_BreakevenStep - distance and profit in pips for bezubytka position at 0 not in use;


• Inp_TrailingStop, Inp_TrailingStep - distance and profit in pips for trailing position at 0 is not used;


• Inp_MaxOrdersSeries - the maximum number of orders in one direction;


• Inp_MaxLotsSeries - maximum aggregate lot unidirectional series of orders;


• Inp_MaxOpenLots - maximum lot, which may open the transaction;


• Inp_SendOrderLevel - the distance from the last open position to set the level of opening of the new order;


• Inp_PauseMinutes - Pause in minutes between the modification level of discovery and installation orders, while 0 is not used;


• Inp_LevelAveraging - averaging level setting step, at 0 not used;


• Inp_PlusLot - term from a previous lot of the averaging, when 0 is not used;


• Inp_PlusRatio - Lot magnification factor for the averaging, the value must be greater than 1, 0 is not used;


• Inp_LevelRebuy - Buy-level setting step, if 0 is not used;


• Inp_MinusLot - subtraction from the previous lot to Buy-at 0 not used;


• Inp_MinusRatio - Lot Buy-reduction coefficient, the value should be less than 1, 0 is not used;


• Inp_HedgingDrawdown - Drawdown on the symbol to hedge, at 0 not used;


• Inp_HedgingPair - symbol for hedging.