Hi everyone, im a newbie in trading, im searching for an ea whereby whenever i open a trade manually, the ea will close it once rsi reaches limit (70 or 30)?
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DislikedHi everyone, im a newbie in trading, im searching for an ea whereby whenever i open a trade manually, the ea will close it once rsi reaches limit (70 or 30)?Ignored
The higher the indicator (closer to 100), the stronger the "mess" and uncertainty.
The lower the indicator (closer to 0), the more confident the trend.
In practice:
Simple way to remember:
High CHOP = market is "chopping around" (no trend)
Low CHOP = market is "going" (trend is present)