RSI Tops and Bottoms This EA uses the standard RSI indicator to place trades. The system will look at two factors before placing the trade or not placing a trade. For example: A1 and A2 below have to be meet before a trade is placed. The systems has 4 scenarios to place trades: A1 = Potential buy if RSI is coming from 69 and has gone up to 72 B1= Potential sell if RSI is coming from 71 and has gone down to 68 C1= Potential sell if RSI is coming from 31 and has gone down to 28 D1= Potential buy if RSI is coming from 29 and has gone up to 32 The trades are only placed after the following conditions are meet: A2= the current market rate has to be higher than the previous market rate when RSI reached 72 from 69 B2= the current market rate has to be lower than the previous market rate when RSI reached 68 from 71 C2= the current market rate has to be lower than the previous market rate when RSI reached 28 from 31 D2= the current market rate has to be higher than the previous market rate when RSI reached 32 from 29 If the conditions above are not met then no trade is placed. It will now use the new current rate as the new level for the next potential trade that meets both criteria. Examples: This is an A1 and A2 example. * A1- If the last closed candle that met our criteria for the eur/usd was 1.16000 when the RSI went from 69 to 72 and the current candle is at 1.16500 and the RSI has just hit 72+ from 69 then it will place a buy trade and now the 1.16500 rate becomes the new rate for next trade that meets the criteria. * A2- If the current candle is only at 1.15500 when the RSI is 72+ from 69, it is lower than the previous 1.16000 candle. No trade is places and now the 1.15500 rate becomes the new rate to be higher than for the next A1 trade. This example goes for all the trade scenarios A1-D1. Inputs: * All the standard "RSI" Inputs * A1 RSI Trigger: "default" 72 * B1 RSI Trigger: "default" 68 * C1 RSI Trigger: "default" 28 * D1 RSI Trigger: "default" 32 * Lot Size as $ amount: True/False * Lot Size as $ amount: Value * Lot Size as % of equity: True/False * Lot Size as % of equity: Value * Take Profit in Pips: True/False * Take Profit in Pips: Value * Take Profit in $: True/False * Take Profit in $: Value * Trailing Stop: True/False * Trailing Stop: Value * Stop loss in pips: True/False * Stop loss in pips: Value * Stop loss in $: True/False * Stop loss in $: Value * Magic Number: Value Would like to see makers showing the entry and exit points of the trades, as well as an marker(arrows or whatever) showing when the RSI criteria was met. It can go above the by candles and below the sell candles. If it didn't meet the criteria put an (x) or (*) symbol above or below the closed candle. Would also like a information box upper right hand side of the chart that gives the Rates of the Previous closed candles that met the RSI levels for A2-D2. Example: A2: 1.51000 B2: 1.50000 C2: 1.47000 D2: 1.48000 Let me know if you have any questions or suggestions. DaJuan