Trading Robots for MetaTrader 5
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MetaTrader 5
Top Rated Products MT5
Overview
RSI EMA Crossover EA
This Expert Advisor implements a rule-based strategy using Exponential Moving Averages (EMA) and the Relative Strength Index (RSI). It is intended for traders who want to automate a structured approach to trend trading.
How It Works
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A buy trade is executed when the fast EMA crosses above the slow EMA and the RSI is above a defined threshold.
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A sell trade is executed when the fast EMA crosses below the slow EMA and the RSI is below a defined threshold.
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The EA checks all conditions once per bar and only trades if no open position is detected.
Features
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Adjustable EMA and RSI parameters
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Fixed or risk-based lot sizing
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Compatible with netting and hedging accounts
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Can be used on any symbol or timeframe
Input Parameters
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Fast EMA Period
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Slow EMA Period
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RSI Period
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RSI Threshold for Buy/Sell
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Stop Loss (pips)
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Take Profit (pips)
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Risk Percent (optional)
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Logging Toggle
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Test Mode Toggle (for validation)
This EA does not use martingale, grid, or averaging methods. It is recommended for use on assets that demonstrate trending price behavior. No external dependencies are required.
