RSI Martingale EA Gold Bot Trading

RSI signal: RSI ≤20 indicates a Buy signal and RSI ≥70 indicates a Sell signal, but when only the internal Renko trend confirms it in that direction (renko bricks up = Buy is a green signal, renko bricks down = Sell is a valid behavior). This reduces the chances of false signals. Renko trend: EA prepares the internal renko bricks based on the current Bid price itself (RenkoBrickPoints input determines the size of the bricks — 100 points is default). There is no need to attach the real Renko chart and the EA itself does all necessary calculations. SL as per the trend: For buy SL = previous renko reversal point (last down-brick) minus the extra bricks buffer. For sell SL = last up-brick reversal plus the buffer. The buffer is controlled by SL_BricksCount.
TP: Fixed at 100 pips (TP_Pips input) for each trade.
Martingale: Next trade executes in the same direction immediately right after previous trade gets closed at SL level by doubling the lot size (MartingaleMultiplier) with maximum of 8 entries in total (MaxMartingaleEntries).

Compile/install:

File .mq5 MetaEditor mein open karo (MT5 → File → Open Data Folder → MQL5/Experts mein paste karo). Compile karo (F7). Chart pe drag karo, inputs adjust karo apni pair/broker ke hisab se (khaas kar RenkoBrickPoints aur lot size).

Risk Warning:

Martingale strategy high-risk hai — ek losing streak account ko fast drawdown mein le ja sakti hai (8 entries pe 2x multiplier se lot bohot bara ho jata hai: 0.01 → 1.28 lot at step 8). Pehle demo account pe achi tarah test/backtest karo before live use.

Disclaimer:

Ye Bot Random Strategy base pe bana hai Risk aur Proper Adjust Nhi kia howa please isko Adjust aur backtest lazmi karain demo pe baad mein lose ho skta hai achi baat hum say adjust kia howa ea le skte hein $15 paid pe ya form sabmit karain shukria

Free Bot Licens key: 7R8D-UKD6-BVGS-32TM