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  1. A simple strategy/EA based on the RSI indicator

    by , Yesterday at 04:31 PM
    iRSI Open Close - expert for MetaTrader 5

    Trading strategy
    The iRSI (Relative Strength Index, RSI) indicator is used on the specified ' Working timeframe' timeframe - the same timeframe is used to determine the moment when a new bar is born (if it is needed for the ' Search signals on ... ' parameter). There is no Stop Loss, Take Profit, or Trailing in the EA.

    Trading signals

    As soon as the RSI crossed the 'RSI Level DOWN (30)' level from top to bottom,
    ...
  2. Half Trend indicator

    by , 08-25-2021 at 04:34 PM
    Half Trend - indicator for MetaTrader 5

    Name:  eurusd-d1-just2trade-online-ltd.png
Views: 30
Size:  19.5 KB

    Name:  eurusd-m15-just2trade-online-ltd.png
Views: 27
Size:  22.7 KB

    Name:  eurusd-h1-just2trade-online-ltd-2.png
Views: 30
Size:  19.1 KB

    Change of trend is indicated by arrows (' UpArrow_ ' and ' DnArrow_ ')
  3. RSI Arrow Out of Zone iMA Trend Visualization

    by , 08-21-2021 at 04:50 PM
    RSI Arrow Out of Zone iMA Trend Visualization - indicator for MetaTrader 5

    Name:  nzdusd-c-h4-just2trade-online-ltd.png
Views: 67
Size:  21.6 KB

    Modification of the RSI Arrow Out of Zone iMA Trend indicator - added the 'Use indicators visualization' parameter: when set to 'true' (if the indicator is running in visual debugging mode or online), iMA and iRSI indicators will be displayed on the chart.
  4. Two forex trading newbies talking with each other

    by , 08-19-2021 at 04:57 PM
    Two traders are talking (taken from this mql5 thread):

    Consider a linear regression model xi = a + b * i + ei in time i = 1, 2, ..., n, where the errors ei are white noise with the Laplace distribution. The error density then has the form p (x, c) = 0.5 * c * exp (-c * | x |), log (p (x, c)) = log (0.5) + log (c) -c * | x |

    The likelihood function for the noise will have the form L = p (d1, c) * p (d2, c) * ... * p (dn, c), where di = xi-ab * i are the residuals of
    ...
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