The EA " Dimea Two " is based on an RSI indicator with the idea "Every action generates a reaction".
Positions (1 to many) will be opened when the RSI indicator hits its predefinded limits of 30 or 70.
Various settings such as "RSI-Hits" or "Multiplier" will minimize your risk and maximize your profit.
When stock prices go crazy just click on the " Dimea Two " logo to pause the EA.
In addition many useful information are displayed on the chart.
It is recommended to start with a minimum deposit of 500 USD by trading with 0.01 lots
Note: When using the EA on different charts change the Magic Number
Input Parameters (Standard Setup: EURUSD / M5)
- Timeframe: Trading Timeframe
- StoppLoss: StoppLoss in pips
- TakeProfit: TakeProfit in pips
- Maximum Open Positions: When the number is reached no more positions will be opened
- Lots: Amount of lots for the first position
- Multiplier: The value of parameter "Lots" will be multiplied with this number when opening the second/third etc. position.
- Maximum Lots: The parameter "Lots" multiplied with the parameter "Multiplier" will never be higher than this value
- RSI-Hits: A position is opened when the RSI has exceeded the values of 30 or 70 as many times as definded with this parameter
- Pips between Trades: Number of pips between the last position opend and the next position opening
- Minimum Margin level: Stop trading when margin level is reached
- Exponential Growth: If this option is activated, the lot size grows exponentially to the account size
- Show Settings: Shows all settings on the chart
Good luck and happy trading!
