Ema9 RSI EA identifies entries by detecting price crossovers of the 9-period EMA confirmed by RSI levels recovering from overbought or oversold zones. The robot manages trades using defined stop loss and take profit points, maintaining a fixed risk-to-reward ratio. It includes built-in risk controls that calculate position sizes dynamically based on a percentage of the account balance. The EA operates on bar close to avoid signal repainting and manages single positions per symbol.
EMA9 crossover with RSI confirmation
Dynamic lot sizing based on account risk percentage
Read from EMA9_RSI_EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
Name
Type
Default
Description
EMA_Period
int
9
EMA period
RSI_Period
int
14
RSI period
RSI_Oversold
double
35.0
RSI oversold threshold (buy signal)
RSI_Overbought
double
65.0
RSI overbought threshold (sell signal)
RiskPercent
double
1.0
Risk per trade (% of balance)
SL_Points
double
150
Stop Loss in points
TP_Points
double
300
Take Profit in points (1:2 ratio)
MagicNumber
int
123456
Magic number
How to install it
1Download the sourceUse "Download source (.zip)" above, or clone jjportero/mt5-ema9-rsi-ea from GitHub, and unzip it.
2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
3Copy the filesCopy the .mq5 file into Experts.
4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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