RSI Master EP1 Instruction Guide

RSI Master EP1 Instruction Guide


๐Ÿ“˜ RSI Master EP1 Instruction Guide

Your Personal EA Creation Toolkit

Welcome to the RSI Master EP1! This guide will help you understand how to configure and optimize your EA strategies with ease. Whether you’re a beginner exploring algorithmic trading or an experienced trader customizing complex logic โ€” this tool was made for your style.

Letโ€™s break it down into simple, clear sections so you can get started quickly and confidently. Ready? Letโ€™s go! ๐Ÿš€

๐Ÿ… Basic Parameters Setting

Main strategy settings for core behavior.

  • Strategic name: Label used for logs and backtest reports.

  • Max buy/sell orders: Limits the number of trades per side (Buy/Sell).

  • Max speed: Restricts how fast orders can open. Set 0 to disable.

  • Magic number: Unique ID for this EAโ€™s trades.

  • Allow trade BUY and SELL at the same time: true = both directions allowed.

  • Trade once per bar: true = only one trade per candle.

  • If order = 1: Enables grid continuation even without signal.

  • Equity type for TP/SL: Controls how take-profit and stop-loss relate to equity.

  • Buy/Sell Strategy: Choose strategy IDs for Buy/Sell separately.

You can mix & match up to 3 strategies per direction.

โœ… Example Strategy IDs:

  • 311-07 & 311-08 โ†’ RSI Cross

  • 209-09 โ†’ MA Cross

  • 311-13 & 311-14 โ†’ RSI Slope

  • 605-01 to 605-04 โ†’ Trendline Crosses (NEW!)


๐Ÿง  Dynamic Trendline Logic (New!)

Price reacts to smart trendlines drawn automatically.

ID ย  ย  ย  Condition ย  ย  ย  Description
605-01 ย  ย  ย  Close cross โ†‘ Descending trendline ย  ย  ย  Bullish breakout
605-02 ย  ย  ย  Close cross โ†“ Descending trendline ย  ย  ย  Bearish continuation
605-03 ย  ย  ย  Close cross โ†‘ Ascending trendline ย  ย  ย  Trend confirmation
605-04 ย  ย  ย  Close cross โ†“ Ascending trendline ย  ย  ย  Trend weakening/reversal

๐Ÿ’ก Use these to detect breakouts from consolidation or confirm trend momentum.


๐Ÿ“˜ RSI Strategy Logic

Choose RSI-based strategies to detect momentum and trend shifts.

๐Ÿ”น Simple RSI Level Conditions

  • 311-01 : RSI > 50 โ†’ Bullish bias

  • 311-02 : RSI

  • 311-03 : RSI > Overbought

  • 311-04 : RSI drops below Overbought

  • 311-05 : RSI rises above Oversold

  • 311-06 : RSI

๐Ÿ”น RSI Cross Conditions

  • 311-07 : RSI crosses above 50 โ†’ Momentum picks up

  • 311-08 : RSI crosses below 50 โ†’ Momentum turns bearish

  • 311-09 : RSI crosses above Overbought

  • 311-10 : RSI crosses below Overbought

  • 311-11 : RSI crosses above Oversold

  • 311-12 : RSI crosses below Oversold

๐Ÿ”น RSI Slope (Momentum)

๐Ÿ”น Compare Two RSI Lines

  • 311-15 : RSI1 > RSI2 โ†’ Bullish confirmation

  • 311-16 : RSI1

  • 311-17 : RSI1 crosses above RSI2 โ†’ Entry signal (Buy)

  • 311-18 : RSI1 crosses below RSI2 โ†’ Entry signal (Sell)


๐Ÿง  Strategy Examples

๐Ÿ” Strategy 1: Trend Continuation

๐Ÿ” Strategy 2: Oversold Reversal

๐Ÿ” Strategy 3: RSI Crossover


๐Ÿ…‘ Lot & Lot Size Setting

Control position size logic:

  • Initial lot size

  • Auto lot size (e.g., 0.01 per $500)

  • Lot size calculation method

  • Lot multiplier for Martingale/grid

  • Max lot size cap


๐Ÿ…’ Grid Distance Setting

Manage spacing between grid orders:

  • Fixed distance

  • Use fixed until order X

  • Dynamic distance

  • Distance multiplier


๐Ÿ…“ TP / SL Distance Setting

  • Average TP start

  • Custom TP (points)

  • SL distance (points)


๐Ÿ…” Trailing Stop Setting


๐Ÿ…• Close Orders Setting


๐Ÿ…– Drawdown Reduction (DDR)

Cut losses smartly:

๐Ÿงช Example:
If 1st = -15, Last = +20
โ†’ (-15 + 20)/20 ร— 100 = +25% โœ…


๐Ÿ…— Hedging Method Setting

  • Enable Hedging

  • Start if DD โ‰ฅ %

  • Hedge Lot %

  • Max hedge lot


๐Ÿ…˜ Information Panel Setting

  • Compact view

  • Panel color

  • Opacity


๐Ÿ…™ Notification Setting


๐Ÿ…š Indicator Parameters

Set how indicators behave:

Moving Average

  • Timeframe

  • Applied price

  • Period

  • Method (SMA/EMA/etc.)

  • Slope duration (bars)

RSI


๐ŸŽฏ Final Tips

โœ… Combine multiple strategy types for robust logic.
โœ… Use trailing stop and proper lot management.
โœ… Backtest thoroughly before going live.
โœ… Adjust to your trading style: Trend, reversal, breakout, or range-based.



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