Coding RSI and Stochastic RSI Trading Strategy Algos | Overbought-Oversold Tutorial
Coding tutorial using overbought/oversold signals provided by the RSI and Stochastic RSI indicators to build a simple trading strategy. This is an MQL5 coding tutorial, but if you use an alternative coding language, the logic and principles can easily be transferred to a trading platform of your choice. The MT5 Strategy Tester Visual Mode is also shown to ensure that the trading strategy's logic is executed correctly.
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This is Episode 27 in the Darwinex 'Spotlight on Trading Indicators' Playlist: • Spotlight on Trading Indicators
#RSITradingStrategy, #StochasticRSI, #MetaTrader, #MT5, #MT4, #MQL5, #MQL4, #RSIIndicator, #OverBought, #OverSold, #DarwinexSeries, #darwinex
This video discusses other tutorials by Martyn Tinsley. If you are interested, these can be found here:
Building multi-symbol EAs
Part 1: • 1.1) Why you REALLY need to start using Mu...
Part 2: • 1.2) How to Code Multi-Symbol EAs (Expert ...
Part 3: • 1.3) Advanced MQL Techniques - Coding a Mu...
Controlling bar opening to process logic every minute:
Part 1: • 3.1) Controlling Bar Opening in your MetaT...
Part 2: • 3.2) How to use ‘Open Prices’ and ‘1 minut...
Part 3: • 3.3) How to Control Bar Opening in MQL5 Mu...
Stochastic RSI custom indicator used in this tutorial:
• Configuring the Stoch RSI Indicator for Tr...
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Content Disclaimer: The contents of this video (and all other videos by the presenter) are for educational purposes only and are not to be construed as financial and/or investment advice.
Risk Disclosure: https://www.darwinex.com/legal/risk-d...