RSI Robot uses two RSI indicators - 14-day RSI and 3-day RSI. As soon as the two RSI Indicators cross each other, a buy or sell signal is created.
RSI Robot is NOT a scalper. There is NO Martingale. There is NO grid or other risky methods. RSI Robot relies on the strength of the RSI indicator. RSI Robot was developed for M5, M15 and H4 charts and EURUSD pair. Developed in 1978 by Welles Wilder, the Relative Strength Index (RSI) is an oscillating indicator with values ranging...
The indicator is designed for H4 timeframe. The main indicator is MACD. You have the possibility to switch on/off CCI and RVI for better confirmation of the signal.
It will work with any currency pair. Different timeframes are working as well, all you have to do is set value of the MACD_flat_level to Zero.
Email and Push notifications can be enabled.
The indicator gives clear signals in most cases. Of course, check every trade before entering.
Your feedback is very much appreciate.