Crossover RSI + Martingale
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Hello everyone, i tried to make an EA with multiple conditions:
- if RSI crosses below the numeric value n.1, then open the trade n.1 in SELL (with a TP and SL fixed)
- if the price moves to SL, when the RSI crosses below the numeric value n.2 (bigger than the n.1), then open the trade n.2 in SELL (with a TP and SL fixed)
- ...and so on until the last possible trade
I want to open the trade n.1 only one time (when the condition n.1 is verified for the first time) and, if the price moves to SL, open the trade n.2 only one time (when the condition n.2 is verified for the first time), and so on, in a sort of martingale logic,...until the price hits the TP or SL of my trades.
Now i have two problems:
- the EA opens simultaneously more trades at the same price instead of waiting for the change of RSI....i mean the open price of SELL n.2 should be higher than the one of SELL n.1 (and so on the for the other trades)
- i used "once a day" block to open the trade only one time but it's not correct...i don't know which block i should use
I made a lot of tests all day but i didn't solve the problems.
Anyone could help me please? Thanks in advance.Here is the project
https://fxdreema.com/shared/QCwgcCWP
Andrea
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@l-andorrà what do you think about my post?
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@ad I can help you with the RSI part but honestly the martigale one is a different thing. Martingales do NOT work in the long term. Are you sure this is the strategy you want?
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@l-andorrà i know that martingale is not work in a long term, but maybe if i use it only in a specific condition it could be better. However i changed the "crossover condition" with "major/minor condition" and it seems to work well. I'll keep you updated, thanks