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Forex RSI Wizard

30 USD

Demo downloaded: 82

Published: 24 August 2018

Current version: 46.0

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Forex RSI Wizard

Experts
Bekim Bytyqi
Version: 46.0
Activations: 5

The Forex RSI Wizard Expert Advisor works based on changes in the RSI. It looks for the direction and the strength of the Relative Strength Index (RSI) and then places a buy or a sell order in the corresponding direction. To ensure maximum accuracy the EA also takes the bollinger bands in to account, in order to minimize false signals.

Forex RSI Wizard is intended for trading any currency pair on the M5 timeframe or higher. However, backtests indicate that it is best suited for GBPAUD on H1.

Customizable Indicator parameters

Lotsize: Defines the position size, i. e. you can trade 0.01 to 10 or more lots, according to your account size
Stop Loss: Here you can set the stop loss in Pips.
Take Profit: Here you can set the Take Profit in Pips.
Bollinger Bands: Periods, Deviation and Shift: Here you can finetune the settings of the bollinger bands.

For accounts with balances $500+ you can leave the settings as is. For smaller accounts, e.g. $100, we recommend the following settings:

Lotsize [lot]: 0.01

more...

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Have you ever wondered why most expert advisors are not effective in live trading, despite their perfect backtest performance? The most likely answer is Over-fitting . Many EAs are created to ‘learn’ and adapt perfectly to the available historical data, but they fail to predict the future due to a lack of generalizability in the constructed model. Some developers simply don't know about the existence of over-fitting, or they know but don't have a way to prevent it. Others exploit it as a tool t

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BTCUSD GRID EA is an automated program designed to use the grid trading strategy BTCUSD GRID EA is highly useful for beginners and experienced traders alike. While there are other types of trading bots you can use, the logical nature of the grid trading strategy makes it easy for crypto grid trading bots to perform automated trading without issues. BTCUSD GRID EA is the overall best platform to use if you're looking to try out a grid trading bot. BTCUSD GRID EA is highly effective for the cryp

This EA was once our internally used premium EA, now offered to everyone after adaptive improvements. It utilizes stable time zone patterns, generates orders almost daily with a very high win rate, and is particularly suitable for clients with lower capital. Backtesting using MT5's "Every tick based on real ticks" mode yields results highly similar to live trading, no adjustments and showing long-term stability, indicating a mature strategy. However, everything has two sides. This EA's strategy

TopBottomEA's advantage: the first support for small capital work EA, real trading for more than 4 years; this EA based on volatility adaptive mechanism, only one single at a time, each single with a stop-loss, an average of about 4 orders per day, holding a single length of 12 hours or so, with a limit of $ 20 principal challenge backtesting ran through more than 10 years. Every interval of three days to increase the price of $ 100, the price process: 998 --> 1098 --> 1198...... Up to the targ

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This Expert Advisior is following the main trend and makes profit in bull and in bear markets. It works for all currency pairs. I have attached a Screenshot for GPDUSD D1. It is very effective and has small drawdowns. I will give this EA away for only USD 30,-. This offer is valid until June, 30 2018 Later on it will be much more expensive. It is very powerfull and profitable.

This Expert Advisor trades the trends, long and short. As soon as the momentum is big enough it enters a trader. When the momentum gets weaker the trade is being closed. So the Stop Loss and the Take profit is the momentum. It is best suited for the currency pair EURJPY in H1 timeframe. Inputs: Lotsize: The lotsize for the trade StopLoss: Here you can set the S/L level (default: 0 = not active) TralingStop: Here you can set the T/S (default: 0 = not active) TakeProfit: Here you can set th

This version of the AshiMomentum multicurrency Expert Advisor works based on short-term changes in the trend, creating the price "corridor" set in the parameters. Trading is carried out at the external borders of this corridor by opening positions in different directions with different lot sizes. This achieves a very high probability of closing positions in profit. AshiMomentum is intended for trading any currency pair on the M1 timeframe or higher. No martingale, no arbitrage.

The ForexGenerated Expert Advisor works based on short-term changes in the trend, creating the price "corridor" set in the parameters. Trading is carried out at the external borders of this corridor by opening positions in different directions with different lot sizes. This achieves a very high probability of closing positions in profit. ForexGenerated is intended for trading any currency pair on the M5 timeframe or higher. However, backtests indicate that it is best suited for NZDUSD on M5. C

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