Martingale RSI Zone Recovery MT5 EA

Overview

The Martingale RSI Zone is an Expert Advisor for MetaTrader 5, designed to implement a martingale-based zone recovery strategy triggered by RSI signals. Ideal for traders comfortable with high-risk strategies, it opens initial trades based on RSI (14) overbought/oversold conditions and recovers losses by doubling lot sizes in a 200-point zone, targeting 400-point profit zones. Its strength lies in its visual zone levels and automated recovery logic, offering a bold tool for aggressive trading.

Features

This Expert Advisor delivers a high-risk trading system. RSI Signals: Triggers a buy when RSI (14, PRICE_CLOSE) crosses above 30 (oversold), or a sell when it crosses below 70 (overbought), checked on new bars. Martingale Recovery: Opens 0.01-lot trades, defining a 200-point zone (high/low) and 400-point target zones (target high/low); places opposite trades with doubled lot sizes (e.g., 0.02, 0.04) when price hits zone boundaries. Visual Feedback: Draws horizontal lines for zone high (lime), low (orange), and target high/low (cyan) on the chart. Trade Management: Closes all positions when price reaches target zones, resets strategy, and ensures one initial trade at a time. Efficient Execution: Processes signals on new bars, validates RSI data, and manages zones tick-by-tick.

Benefits

The Martingale RSI Zone automates a high-reward recovery strategy, turning adverse price movements into potential profits through doubled lot sizes. Its RSI-based entries align with momentum shifts, while visual zone levels enhance clarity, making it suitable for traders seeking aggressive recovery tactics. The lightweight design ensures smooth operation. Supported by Allan Munene Mutiiria, this Expert Advisor offers a high-risk, high-reward solution for zone-based trading.

Specifications

• Type: Digital software (Expert Advisor for MetaTrader 5)
• Platform: MetaTrader 5
• Language: MQL5
• Version: 1.00
• Developer: Allan Munene Mutiiria - https://t.me/Forex_Algo_Trader
• Link: https://youtube.com/@ForexAlgo-Trader
• Requirements: Active MetaTrader 5 platform, forex symbols
• Indicator: RSI (14, PRICE_CLOSE, overbought: 70, oversold: 30)
• Inputs: Lot size (0.01), zone range (200 points), target range (400 points)
• Trade Settings: 0.01 lots (doubled in recovery), 200-point zone, 400-point targets
• Functionality: RSI-triggered martingale recovery, zone-based trades, position closure at targets
• Execution: New-bar signal check, tick-based zone management
• Output: Trade execution, visual zone lines (high, low, target high/low), debug prints