EA-1433 · Multi-Timeframe

KositBablo10-1

This EA trades EURUSD using RSI and MA indicators across D1 and H1 timeframes to generate buy and sell pending stop orders. It places BuyStop/SellStop orders with a reversal (turnover) pending order in version 10-1, and uses a money management system that scales lot size based on free margin. The strategy is a multi-timeframe momentum entry system with fixed TP/SL and conditional pending order placement.

Open the interactive view (equity curve, symbol switch)

Key facts

RiskHigh risk
Rating★☆☆☆☆
TypeTrading EA
TimeframesH1, D1
IndicatorsRSI, MA
AuthorMetaQuotes Software Corp.

Backtest results (H1, about 1 year)

Not backtested yet — this EA could not be converted automatically.

Strategy analysis

The strategy core is a multi-timeframe RSI and MA combined signal system driving pending stop orders. Buy condition: D1 RSI(15) below 60 AND H1 RSI(5) below 48 AND H1 MA(20) above MA(2), triggering a BuyStop order plus a reverse SellStop order. Sell condition: H1 RSI(15) above 55 AND H1 MA(23) above MA(2), triggering SellStop orders (looped 3 times) plus a reverse BuyStop order. Position sizing divides free margin by 6500 (v10-1) or 2000 (v10), clamped between 0.1 and 15 lots. Exits rely on fixed TP=1400 pips and SL=500 pips, with reduced TP/SL on reversal orders. The TURBO mode bypasses pending order checks to force new positions, which is a high-risk acceleration feature. The strategy critically lacks new bar checks, spread filters, slippage protection, and magic number assignment for order tracking.

Strengths

  • Multi-timeframe RSI+MA combination provides a reasonable trend confirmation framework
  • Reverse pending order mechanism offers partial hedging protection - if the main order stops out, the reversal order may still profit
  • Dynamic lot sizing based on free margin prevents excessive leverage

Weaknesses

  • No magic number assigned - cannot distinguish this EA's orders from others on the same account
  • No new bar check - logic executes on every tick, potentially flooding with duplicate pending orders
  • The 3-iteration SellStop loop is illogical - sends identical pending orders at the same price 3 times
  • No spread filter - pending orders may be invalid or too costly under high spread conditions
  • TP=1400/SL=500 ratio is favorable but the absolute SL size (500 pips) risks large drawdowns
  • TURBO mode bypassing order checks is extremely dangerous and can lead to uncontrolled position accumulation

Possible improvements

  • Add magic number for order identification and management tracking
  • Add new bar check to prevent executing pending order logic on every tick
  • Fix the SellStop 3-iteration loop bug - either place orders at different price levels or remove the loop entirely
  • Add spread filter and slippage protection mechanisms
  • Set expiration time for all pending orders to avoid stale orders

Risk assessment

Overall risk: High risk

  • No new bar check allows duplicate pending orders on every tick, causing order accumulation
  • SellStop 3-iteration loop sending 3 identical orders at the same price is a severe bug
  • TURBO mode bypassing order checks can lead to unlimited position opening
  • No magic number makes it impossible to manage this EA's orders properly
  • SL=500 pips absolute value is excessively large, single trade loss can be devastating

Evaluation scores

Code quality1.0
Strategy logic2.0
Risk management1.0
Robustness1.0
Innovation2.0
Documentation1.0
Overall1.3

Parameters

ParameterDefaultDescription
TP1400Take profit in points
SL500Stop loss in points
TURBO0Turbo mode switch: 0=normal, >0 skips pending order check

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Backtests are historical simulations and do not guarantee future results. Not financial advice.

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