Expert Grid rsi Pro

General Description

Grid RSI Pro v3.1 is an advanced trading Expert Advisor for MetaTrader 4 that uses a grid strategy with RSI indicator filtering. The EA automatically opens orders at specified levels, creating a grid of orders to capture market fluctuations. Version 3.1 includes enhanced risk management features and improved signal filtering systems.

Key Features

1. Trading Strategies

  • RSI Strategy: Position opening when RSI reaches overbought (80) or oversold (20) levels

  • Fixed Points: Position opening at specified distance from current price

  • Manual Mode: Manual position opening via chart buttons

2. Grid Management

  • Lot Multiplier: Increasing volume of each subsequent order in the grid

  • Grid Step: Distance between orders in points

  • Maximum Step: Limiting maximum distance between orders

  • Maximum Lot: Limiting maximum volume

3. Protective Mechanisms

  • Trailing Stop: Automatic stop-loss movement

  • Breakeven: Moving position to breakeven when reaching specified profit

  • Stop-Loss/Take-Profit: Fixed closing levels

  • Overlap: Automatic closing of opposite positions when crossing zero level

4. Advanced Risk Management (NEW)

  • Maximum Order Count: Limiting number of simultaneous orders

  • Loss Limits: Maximum loss in amount and percentage

  • Drawdown Control: Daily and total drawdown

  • Trading Block: Automatic blocking when limits are violated

  • RSI Candle Filter: Combining RSI with candle patterns

5. Notifications

  • Push Notifications: Sending to mobile devices

  • Email Alerts: Sending to email

  • Screen Alerts: Pop-up windows in terminal

Advantages

  • Automation: Full automation of trading process

  • Flexibility: Customization for different trading styles

  • Safety: Multi-level risk management system

  • Control: Detailed information panel and monitoring

  • Notifications: Timely alerts about important events

Usage Recommendations

  1. Start with demo account for testing

  2. Set conservative risk management settings

  3. Regularly analyze performance statistics

  4. Use candle filter to reduce false signals

  5. Configure notifications for timely response

System Requirements

  • Platform: MetaTrader 4

  • Minimum Deposit: $100 (recommended)

  • Timeframes: M1 to H4 (optimal for RSI strategy)

  • Symbols: Any forex pairs with good liquidity

Important Notes

⚠️ Warning: Trading involves significant risk of loss. This EA should be used carefully and only with risk capital.

📊 Backtesting: Always perform extensive backtesting before live trading.

🔧 Customization: Adjust parameters according to your trading style and risk tolerance.

📈 Monitoring: Regularly monitor the EA's performance and adjust settings as needed.


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Signal (GOLD/XAUSD) - 16 months active and over 6,800 trades on a Standard account (1:400 leverage):   https://www.mql5.com/pt/signals/2278431 Product for MetaTrader 4:   https://www.mql5.com/pt/market/product/159627 Product for MetaTrader 5:   https://www.mql5.com/pt/market/product/160313 The Apache MHL Moving Average Expert Advisor, or simply "Apache MHL," is a robot that operates on the GOLD/XAUSD asset using strategies based on moving averages and risk management with Martingale. The use
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Thi Thu Ha Hoang
4.54 (13)
Ti sei mai chiesto perché la maggior parte degli esperti consulenti non è efficace nel trading reale, nonostante la loro perfetta performance nei backtest? La risposta più probabile è Over-fitting. Molti EA vengono creati per 'imparare' e adattarsi perfettamente ai dati storici disponibili, ma falliscono nel prevedere il futuro a causa di una mancanza di generalizzabilità nel modello costruito. Alcuni sviluppatori semplicemente non conoscono l'esistenza del Over-fitting, o ne sono a conoscenza
Night Hunter Pro
Valeriia Mishchenko
4.38 (53)
EA has a  live track record  with many months of stable trading with  low drawdown : All Pairs 9 Pairs Night Hunter Pro is the advanced scalping system which utilizes smart entry/exit algorithms with sophisticated filtering methods to identify only the safest entry points during calm periods of the market. This system is focused on a long-term stable growth . It is a professional tool developed by me years ago that is constantly updated, incorporating all the latest innovations in the trading a
Forex Engine EA is a professional MetaTrader 4 trading robot built around a structured reversal and mean-reversion methodology. It analyzes swing highs and lows, support and resistance zones, market overextension, and overbought or oversold conditions to identify areas where a price correction or reversal may occur. When price approaches a key resistance zone, the EA evaluates the possibility of selling pressure before considering a sell entry. When price reaches a strong support area, it looks
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MQL TOOLS SL
5 (4)
AI Prop Firms - Intelligent Automation Built for   Prop Trading Firms . AI Prop Firms is an advanced fully automated Forex trading system powered by   Artificial Intelligence , developed specifically to operate within the strict rules and evaluation models of prop trading firms. The system is designed to trade under controlled risk conditions while   maintaining consistency , stability, and compliance with prop firm requirements. AI Prop Firms uses intelligent market analysis logic that continu
Real monitoring :   XAUUSD M30 SL3 ,          XAUUSD M30 SL5 For more information, please contact us via private message or in  the mql5 group. THERE   ARE   ONLY  1   OUT   OF   10   COPIES   LEFT   AT   A   PRICE   OF  649   USD ! AFTER   THAT , THE   PRICE   WILL   BE   INCREASED   TO  920   USD . Imagine that you have an experienced trader who monitors the market every day, waits for the price to break through an important level, and instantly opens a deal. That's exactly what this advisor
Fish n Grid
Pak Hong Poon
3 (2)
Current Price: $349--> (1 more copy then Next price $449) Live signal:  https://www.mql5.com/en/signals/1590997 Fish n Grid – an automatic trading robot that works on multiple currencies. It takes advantage of the market's mean reversion characteristic with a calculated, dynamic, multicurrency grid system. Main features: Fully automatic Easy one chart setup  Multicurrency grid profolio  Basically trading everyday  Calculated parameters for each currency  Dynamic stoploss occasionally during nig
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CandleCountdown
Mykhailo Zakervashevych
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Engulfing RSI
Mykhailo Zakervashevych
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