BurtonM
New member
MT5 RSI KER Kaufman Efficiency Ratio EA Trading Strategy That PRINTS Money
This strategy comes from a video by Ali Casey at StatOasis on YouTube,Thank you Ali for sharing all your data analysis, and backtesting.
RSI Trading Strategy That PRINTS Money
(Tested & Proven)It is important you watch the video link above to understand the EA I have coded.
IMPORTANT: This MT5 EA is developed and backtested on the S&P500 Daily timeframe.
KER refers to the Kaufman Efficiency Ratio. The KER calculation is internally coded.
IMPORTANT: This MT5 EA strategy is developed and backtested on the S&P500 Daily timeframe.
I have coded other versions: MT4 version is here.
Main Features:
Entry conditions: RSI < entry level and KER[2] > thresholdExit conditions: RSI > exit level or max bars held
Stop loss implementation
Position size management
Test the EA on a Demo account to check that it is opening and closing trades correctly.
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