Pipsgrowth EX18093 TrendFollow

EX18093 is a single-position RSI scalper for XAUUSD on M5 that trades the moments when the 14-period RSI leaves a narrow 46 to 49 dead zone, then rides the move until the same RSI reaches a stretched target (85 long, 35 short) or a 10-bar against-counter expires the trade.

The EA's design starts with an unusual RSI threshold setup. Instead of the textbook 30/70 oversold/overbought markers, the entry gates sit at 46 (oversold) and 49 (overbought), which is a 3-point band centered on the equilibrium line. A buy only fires when the bar two periods ago printed at or below 46 and the previous bar closed above 46, meaning a confirmed cross back into the upper half from extreme weakness. A sell mirrors that pattern: bar[2] is at least 49 and bar[1] falls below 49. The two-bars-ago requirement eliminates the whipsaw that a single-bar cross produces when RSI oscillates around a flat mid-line.

Once a position is open, the RSI target exit dominates the trade. A long closes when current RSI climbs to 85 or above, betting that the move has stretched far enough to take profit. A short closes when RSI falls to 35 or below. These are aggressive targets, typically 35 points of travel from a typical entry in the 50s to either extreme, so the EA is structurally a let-the-mean-reversion-extend design rather than a tight scalper.

Sitting underneath the target logic is a counter that tracks bars where the RSI has moved against the position. For a long, against means RSI dropped back below the 46 oversold line. For a short, against means RSI rallied back above the 49 overbought line. Each closed bar in that adverse state increments bars_against_count. When the count reaches the BarsToWait input (default 10), the position closes regardless of where price is. The counter resets the moment RSI returns into the position-friendly zone, so a brief dip below 46 that quickly recovers does not close the trade. Only sustained adverse RSI does.

The order layer uses the CTrade wrapper with ORDER_FILLING_FOK and a 3-point slippage allowance. There are no protective stops or take-profits attached to the order at open, so both the 0 SL and 0 TP are passed to trade.Buy() and trade.Sell() explicitly. Risk control is delegated entirely to the bars-against counter and the RSI target exit. There is no hard stop loss in price terms. LotSize is a fixed input (default 0.10 lots) with no risk-percent, no balance-based sizing, and no drawdown cap in the visible source. The capital cap layer from the 12-layer stack label in the header is not actually implemented in this build.

The OnTick() handler processes signals only on a new bar of the user-selected timeframe (default H1 in the source's MapTimeframeInt switch, though the EA's intended chart timeframe is M5). It calls UpdateRSI() to copy three bars of the indicator, then CheckExistingPosition() to apply the target or timeout logic if a position is open, then CheckEntrySignals() to look for the cross if no position is open. This single-position gate means the EA never pyramids and never hedges itself. One trade in flight at a time, identified by its ticket.

Three retry helpers (TryClose_EX18093, TryClosePartial_EX18093, TryModify_EX18093) wrap the CTrade calls and absorb requote, timeout, price-off, and price-changed errors with 200 ms or 100 ms sleeps and up to three attempts. While this build never calls TryModify (no SL or TP is ever modified), the helper is present for future extension. The TryClose path is the one in active use.

There is no OnTester() formula, no chart info panel, no news filter, no session filter, no spread filter, and no multi-timeframe confirmation. The EA runs 24/5 on whatever symbol and timeframe the user attaches it to. The MagicNumber input is fixed at 22218093 but is exposed for the user to change, and the trade comment defaults to Psgrowth.com Expert_18093 so positions are easy to identify in the trade panel and in the broker history.

Practical expectations: the narrow 46/49 entry band means most bars produce no signal. The EA is patient, waiting hours or days for a clean cross out of the dead zone. When that cross lands, it commits 0.10 lots with no protective stop, which is the single biggest risk in the design. Run it on a low-spread XAUUSD broker, keep the chart on M5 (the strategy was developed on that timeframe even though the indicator defaults to H1 in the switch), and use the trade comment to filter the strategy's positions in your broker's history.

The MagicNumber, Slippage, and LotSize are the only three inputs the user is likely to touch on a live install. RSI_Period, RSI_Overbought, RSI_Oversold, RSI_Target_Buy, RSI_Target_Sell, and BarsToWait are strategy-level dials that should be re-tuned only with backtest evidence; tightening the band further to 47/48 will sharply reduce trade frequency, while raising BarsToWait from 10 toward 20 lets adverse RSI stretches survive longer in the hope of a target exit. Be aware that the EA's source file declares two duplicate copies of MapTimeframeInt, MapAppliedPriceInt, g_TimeFrame, and g_RSI_Applied_Price (a leftover template artifact that the compiler silently absorbs) and applies the value of TimeFrame via a single assignment in OnInit, so the runtime behavior is unaffected despite the visible redundancy.