MA-Filtered RSI and Stochastic Entry and Exit Rules

Summary

This Expert Advisor combines a moving average direction filter with RSI and Stochastic thresholds. It considers buys when price is above the moving average and sells when price is below it; an entry requires both oscillators to reach oversold levels for a buy or overbought levels for a sell. The described defaults use a 150-period moving average, a short RSI, and a Stochastic oscillator, with thresholds that can be changed.

Positions exit when Stochastic reaches the opposite zone, with behavior depending on profit, loss, and trailing-stop settings. A trailing stop may be adjusted at each new candle after the opposite zone is reached, while a loss allowance can close a trade after the oscillator leaves its entry zone. The document mentions a EUR/USD hourly test context but gives no test results, risk sizing, costs, or broader validation. These are mechanical rules whose effectiveness cannot be assessed from the description alone.

Key ideas

• The moving average determines the permitted trade direction.
• Both RSI and Stochastic must reach an extreme zone before entry.
• Stochastic levels and configurable profit, loss, and trailing rules govern exits.
• The document identifies a test market and timeframe but reports no performance evidence.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.