Good EA exit strategies

[kwakugyau]

I will like to get a code to use in exiting a trade.
Any good strategies code will help.
Thank you.

[Apprentice]

Choose one.
A) exit strategy template
B) do you have some rules in mind
C) any exit strategy will do

[kwakugyau]

A and C.
A good exit strategy template will be great.

B - exit based on RSI, ATR, MACD, one Moving Average
Thank you.

[kwakugyau]

A) exit strategy template
That will be great

B) do you have some rules in mind
Exit based on RSI, or ATR, or MACD, or Support and Resistance

C) any exit strategy will do
Any good exit strategy will do as well.
Thank you.

[Apprentice]

Can you define exit rules for RSI, or ATR, or MACD, or Support and Resistance...

[kwakugyau]

RSI
Exit long when RSI > 70
Exit short when RIX < 30

ATR
Two methods:
Exit when the price touches the indicator line. For example, get out of a long trade when the price drops below the rising ATR Stops.
Exit only when the price CLOSES below the ATR Stops on a long trade, or CLOSES above the ATR Stops on a short trade. Once the close occurs, place a stop loss a few cents below the low of that candle for a long trade, or a few cents above the high of that candle for a short trade.

MACD
Exit when there is another signal line crossover, or the slope of the 50-period SMA changes.

Support and Resistance
Exit when it touches (or get close - 10 pips) the identified support or resistance area

Moving Average
Exit long when the price goes below the MA
Exit short when the price goes above the MA

RSI & MA
Long: Exit when RSI < MA
Short: Exit when RSI > MA

[Apprentice]

Your request is added to the development list.
Development reference 1705.

[Apprentice]

Support - resistance: what indicator should we use for that?