Pipsgrowth EX18096 TrendFollow

Pipsgrowth EX18096 is a single-indicator RSI EA that lives entirely in the upper half of the indicator's range, never touching classic oversold bounces or 30/70 cross logic. Both trigger thresholds sit at extreme highs: RSI_Overbought is set to 90, RSI_Oversold to 73, and the long entry is fired when RSI climbs out of the 73 zone while the short entry is fired when RSI tumbles out of the 90 zone. The asymmetry — buys at 73, sells at 90 — produces a high-zone regime where the EA is only ever responding to RSI movements between 48 and 90. Because both entry thresholds sit in overbought territory, every trade the EA opens is, in the technical sense, a momentum trade from an already-strong market, not a rebound from weakness.

The signal itself is a two-bar crossover gate. UpdateRSI pulls three RSI(14) values (rsi_buffer[0..2]) and CheckEntrySignals compares bar[2] against bar[1]. A long is opened when rsi_two_bars_ago was at or below 73 and the previous bar closed strictly above 73. A short is opened when rsi_two_bars_ago was at or above 90 and the previous bar closed strictly below 90. The middle bar (rsi_buffer[1]) is the one that matters for the trigger — the bar-two-ago value is just a filter that prevents the EA from firing on a single-bar spike or a flat line. The applied price defaults to PRICE_CLOSE (RSI_Applied_Price=1) and the RSI period is 14, both fully exposed as inputs.

Exit logic is the second half of the design. CheckExistingPosition runs once per closed bar and has two parallel arms. The long arm exits at rsi_current >= RSI_Target_Buy (88) when the position is not 'against', and increments a bars-against counter (capped at BarsToWait=6) when rsi_current drops below 73. The short arm mirrors this: exit at rsi_current <= RSI_Target_Sell (48) when the position is not 'against', and accumulate a bars-against counter when rsi_current pushes back above 90. The 'against' counter resets the moment RSI returns to the friendly side, so a single recovery bar is enough to clear a partial drawdown episode. There is no price stop and no take-profit bracket at order open — trade.Buy and trade.Sell are called with sl=0 and tp=0, so the broker's account stop-out is the only hard price-side backstop.

A single-position gate runs through the position_open boolean. When CheckEntrySignals fires and the EA is already flat, OpenBuyPosition or OpenSellPosition is invoked; when a position is open, the entry path is skipped entirely. There is no pyramiding, no scaling, no adding-to-winner logic. Order execution goes through CTrade with SetTypeFilling(ORDER_FILLING_FOK), a 3-point deviation cap, and three retry helpers (TryClose_EX18096, TryClosePartial_EX18096, TryModify_EX18096) that re-attempt on requote, timeout, price-off and price-changed for 3×200ms or 3×100ms linear backoff. In this build only TryClose_EX18096 is actually called, because the position never receives a stop or a limit in the first place. The two partial/modify helpers are dead code in the active path.

Sizing is fixed at LotSize=0.1 with no risk percent, no balance scaling and no cap. The only sizing-related input is the literal lot number. There is no margin check before send, no OrderCalcMargin pre-flight, and no reduction when equity sags — so the operator needs to size to balance before attaching. There is also no time-of-day filter, no news filter, no higher-timeframe confirmation, and no regime classifier. The source code is a pure single-pass scalper: one indicator, one trigger, one exit, one position. OnTester is not defined, so backtests will not produce a custom optimization fitness value — the platform's default metric applies.

The header block advertises XAUUSD and H1 as the canonical setup, with the comment 'works M5–H1' suggesting the strategy is portable across intraday timeframes. The TimeFrame input is mapped through a local MapTimeframeInt switch (1→M1, 2→M5, 3→M15, 4→M30, 5→H1, 6→H4, 7→D1) and falls through to PERIOD_H1 for any value outside that range, including the default input value of 8. In other words, leaving TimeFrame at its default selects H1. The same switch is repeated four times in the source file along with MapAppliedPriceInt and the g_TimeFrame/g_RSI_Applied_Price global declarations — a code-smell artifact from the generator template. The MQL5 compiler absorbs the duplicates, the runtime behaviour is unaffected, and a reader can ignore the duplication when reasoning about the strategy.

The practical trading profile this implies is a 'RSI momentum' book on a gold account. The 73/90 zones are above 50, so the EA skips most of the price action; it is only active when momentum has already pushed RSI to extremes. Longs get in on a re-strengthening bounce off 73 and exit on a 15-point climb to 88. Shorts get in on a retreat from 90 and target a 42-point fall to 48. The longer descent target on the short side, combined with the bars-against 6-bar timeout, makes short trades structurally longer in duration than long ones. There is no OnTester scoring function, no regime guard, and no equity throttle, so the operator inherits responsibility for setting the magic number, sizing the lot to balance, and managing the account-level risk themselves. This is a build for traders who already understand RSI behaviour at extreme levels and want a lean, single-indicator tool that only fires in high-momentum conditions.