Skip to content
All library documents

Testing a Moving Average and RSI Scalping Expert Advisor

Article MQL5 code base

Summary

The document describes a scalping expert advisor built around two moving averages with fixed periods and a short-period Relative Strength Index. It reports a test on EUR/USD hourly data over a stated date range, using a stated initial deposit. The tested configurations all lost money, and the author says no working parameter variant could be found.

This is a brief negative test report rather than a full strategy specification or research study. It gives no trade rules, performance breakdown, transaction cost assumptions, parameter ranges, or comparison benchmark, so the result cannot establish whether the idea is generally unprofitable. It does, however, illustrate that combining familiar technical indicators does not by itself produce a viable strategy and that the reported test found no profitable settings in its chosen market and period.

Key ideas

  • The expert advisor combines two moving averages with a Relative Strength Index.
  • The indicator periods are fixed in the description.
  • The reported EUR/USD hourly test found losses across the tested parameter variants.
  • The document gives too little detail to judge the strategy beyond that test.

Tags

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