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Simple RSI Forex Trading Strategy

4
Diversify the risk in your trading account by combining our Expert Advisors. Build your own custom trading system here: Simple Forex Trading Strategies

The expert advisor opens trades when RSI indicator enter in oversold or overbought areas.

The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator.

The recommended currency pair is EURGBP and the recommended timeframe to operate and to do backtests is H4.

This Expert Advisor can be profitable in any TimeFrame and with any Currency Pair but you should know how to adjust the parameters to your new pairs, timeframes, and current maket conditions.

Recommended Settings at Comment #1

I will be thankful for your positive reviews and ratings!


Reviews 3
Miguel Jimenez Cordero
6769
Miguel Jimenez Cordero 2021.03.14 09:39 
 

Good job.

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NEXON – AI-Powered Gold Scalping Expert Advisor (XAUUSD M5) NEXON is an advanced, fully automated scalping Expert Advisor designed specifically for trading gold (XAUUSD) on the M5 timeframe . Powered by cutting-edge Artificial Intelligence , Machine Learning , and Neural Networks , it continuously adapts to market dynamics to deliver precise, high-frequency trading decisions. Rather than relying on rigid, rule-based logic or basic indicators, NEXON learns from historical and real-time market beh
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Gold is Cold EA is based on the author’s personal trend indicator.  The EA will accurately detect the beginning of uptrends with blue arrow and downtrends with red arrow, and will control open trades in a martingale/grid style until it hits TP.     Recommended pairs:  All major pairs like xauusd; eurusd; audusd; gbpusd; nzdusd and also minor pairs like audcad; nzdcad; eurnzd and eurcad on m15 or higher time frames. Settings: Start Hour – Starting hour of EA Start Minute – Starting minute of EA
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Advanced RSI Forex Trading Strategy
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The expert advisor opens trades when the forex market is ranging and the NITRO PIPS indicator enter in oversold or overbought areas. The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. Verify the recommended currency pairs for the current market conditions here   and the recommended timeframe to operate and to do backtests is M5 . For better results you must use a broker with  Low Spreads . Recommended Settings at Comment   #2
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agrushev777
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agrushev777 2024.02.19 21:01 
 

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Cristian Mihail Pauna
13168
Cristian Mihail Pauna 2022.09.29 06:19 
 

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Miguel Jimenez Cordero
6769
Miguel Jimenez Cordero 2021.03.14 09:39 
 

Good job.

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