Welcome! This EA trades the legendary Laguerre RSI. Makes swing trades. This is not a Scalping risky strategy. Most of the time, short timeframes strategies tend to trade noise, resulting in a non lasting winning strategy. Laguerre RSI EA doesnt trade noise, it trades trend changes checking higher TimeFrames (4 hour, daily and weekly) first. It stands 12 year of backtesting on EURUSD.
- Stop Loss protects your account
- Recommended Time Frame = 15 min
- Recommended Pair = EURUSD
- Minimal deposit = 100 USD on microlot accounts
- Recommended deposit = 400 USD on microlot accounts
- NO martingale
- Back Testing: the EA has the custom indicador incorporated in the code, thats why the backtesting can be slow phase.
Lots = Lot to trade on fix lot
AutoLot = Enable or disable automatic lot
Risk = Select % of lot compare to Account Margin
TI = Time allowed to iniciate trading
TF = Time to end intervale of trading
MaxOrders = Max amount of orders to be open for buy or sell
Distancetolastorder = Distance betwin orders
SL = Stop loss for individual orders
MaxSpread = Limit the spread for opening orders
MAGICNUMBER = Magic number to diferenciate symbols.
- Before you buy RSI Laguerre please be aware of the risks involved.
- Past performance is no guarantee of future profitability (EA could also make losses).
- The backtests shown (e.g. in screenshots) are highly optimized to find the best parameters but therefore results cannot be transferred to live trading.
- This strategy will always use a stop loss, but still execution of the SL depends on your broker.
- Try on Demo Account first, before live account.