This EA is based on MA on RSI strategy
It includes:
RSI – default settings (14 bars)
A 50 estimated moving average on exponential settings for the chart
Trade Entry and Take Profit
the strategy is that i would instantly put in a trade for a buy if the RSI has closed above the 50 EMA on the RSI indicator(dont be confused with the EMA on the chart) and the take profit will be on the 50 EMA on the chart. it will be the opposite for a sell
Trade Exit
The trade will be taken off if the RSI has closed back on the opposite side of the EMA (on the RSI)
