This EA describes an Expert Advisor (EA) that works on his 1 hour timeframe for the EURUSD currency pair. The EA follows a simple trading logic to avoid over-optimization and relies solely on the Relative Strength Index (RSI) indicator to determine entry points.
This EA is built to capture breakout opportunities in the USDJPY market with robust risk management and compounding features. It provides stable trading without martingale or grid systems, making it suitable for both beginners and advanced traders.