Pipsgrowth EX18095 TrendFollow

Pipsgrowth EX18095 is a single-handle RSI(14) momentum system that has been wired, somewhat confusingly, around inverted threshold labels. The input panel ships with two RSI gates that read, by name, as oversold/overbought: RSI_Overbought = 54 and RSI_Oversold = 73. Inside the source these names are misleading — the higher value (73) is actually the long-side entry trigger and the lower value (54) is the short-side entry trigger. The result is a strategy that buys when RSI pushes into overbought territory and sells when RSI dips into mild oversold territory, which is a continuation-of-momentum stance rather than a mean-reversion one. The signal logic lives in CheckEntrySignals() and reads exactly two closed bars per arm: a long fires when rsi_two_bars_ago <= 73 && rsi_prev > 73; a short fires when rsi_two_bars_ago >= 54 && rsi_prev < 54. The two-bars-ago gate is the only debounce in the entry path — a bar that grazes 73 without having closed a previous bar on the inside never triggers.

Position management is the second notable design choice. There is no price stop-loss and no take-profit attached at open. Both trade.Buy(LotSize, _Symbol, ask, 0, 0, InpTradeComment) and trade.Sell(LotSize, _Symbol, bid, 0, 0, ...) are called with zero brackets, so the broker records the position without any protective orders. The actual exit machinery lives in CheckExistingPosition() and is purely RSI-driven. For a long position, the function first watches for the adverse cross: when rsi_current < 73 on a closed bar, rsi_against_position flips true and bars_against_count increments. If RSI stays below 73 the next bar, the counter increments again; the moment it reaches BarsToWait (default 1) the position is force-closed via TryClose_EX18095(). Crucially, any bar where RSI returns to the friendly side (rsi_current >= 73 for longs, rsi_current <= 54 for shorts) zeroes the counter, so the timeout only triggers on a run of consecutive adverse bars — a single wobble is forgiven as long as the next bar recovers. The symmetric short branch uses rsi_current > 54 as the adverse cross.

Target exits ride momentum to the RSI extremes. A long closes when rsi_current >= RSI_Target_Buy = 87, a short closes when rsi_current <= RSI_Target_Sell = 33. The gap between entry threshold and target is intentionally wide: 14 RSI points on the long side from 73 to 87, and 21 points on the short side from 54 to 33. With BarsToWait = 1, a long that breaks above 73 but fails to push toward 87 within one bar of retracement will be cut, so the practical trade shape is a fast push to the extreme, or nothing. The ClosePosition() function resets position_open, position_ticket, rsi_against_position, and bars_against_count to their neutral values after a successful close.

Sizing is hard-coded as a single input (LotSize = 50), and on 100 oz XAUUSD contracts that is institutional scale — a $100 account cannot support even one such position. There is no balance-proportional scaling, no risk-percentage calculation, no margin pre-check, and no OnTester() equity-curve fitter. The lot stays at 50 forever unless the operator edits the input. For real-money testing on retail capital, LotSize needs to be scaled down to micro-lot territory (0.01-0.10) before the EA is attached to a chart. The CTrade wrapper is configured with SetDeviationInPoints(3) and SetTypeFilling(ORDER_FILLING_FOK), so fills are all-or-nothing on every order; that is worth keeping in mind when re-tuning LotSize to make sure the broker can fill the requested volume in one shot.

Filling and retry logic is the only thing in the EA with any redundancy. TryClose_EX18095() wraps trade.PositionClose() in a 3-attempt loop with 200 ms sleeps on the requote/timeout/price-off/price-changed retcodes, which is the only retry helper that actually fires. TryClosePartial_EX18095() and TryModify_EX18095() are present in the source but unreferenced — no partial close, no SL/TP modification is ever requested because no SL or TP is ever set. Indicator stack is minimal: a single iRSI(_Symbol, g_TimeFrame, RSI_Period, g_RSI_Applied_Price) handle with RSI_Applied_Price defaulting to PRICE_CLOSE, evaluated on every new bar of the configured timeframe.

Time frame selection is handled by the TimeFrame input (default 8), which is fed into MapTimeframeInt(). The switch recognises values 1-7 (M1, M5, M15, M30, H1, H4, D1) and falls through to PERIOD_H1 for any other value, so the as-shipped TimeFrame = 8 resolves to H1 at runtime. There is no HTF filter, no regime classifier, no session gate, no spread cap, and no news filter in the code. The source also contains two full copies of both MapTimeframeInt() and MapAppliedPriceInt() (one at lines 32-59, another at 64-91) — an auto-template artifact that the MQL5 compiler absorbs without complaint. For traders who want to deploy this EA on a real account, the most useful additions would be a price-based stop (the bars-against timeout is strict but cannot limit a single-bar gap), a position-sizing calculation tied to account equity, and a session filter that restricts entries to the London and New York hours when the asymmetric 73/54 thresholds are most likely to see clean momentum breakouts on XAUUSD. As shipped, the EA is a research instrument that demonstrates a specific asymmetric threshold idea; the rest of the safety net is left to the operator.