Aklamavo RSI Crossover Advanced Robot

This EA is an RSI Crossover Trading System with advanced position management features. This is not one of those EAs with fake/manipulated test results out there. RSI Crossover Advanced Robot is robust and suitable for traders who want automated RSI-based trading with professional-grade position management. It's particularly useful in trending markets where RSI signals can provide reliable entry and exit points.

Recommended settings tested with 1HR timeframe using ICMarkets Tickers on 1 year and years historical data:

RSI - Period=3.  USTEC, XLK, QCOM, MSFT, USDJPY, EURGBP, BAC, AUDUSD, AUDJPY.

RSI - Period=10.  USDJPY, APPL, TSLA, EURUSD, USDCHF, BAC, XLK, USDCAD.

RSI - Period=18.  USTEC, USDJPY, AUDJPY, BAC, XLK, USDCAD, EURGBP, USDCHF.

RSI - Period=21.  USTEC, USDCAD, EURGBP, GBPUSD, XLK.

The 3rd setting: RSI_FIXED_LEVELS has most profitable percentage of over 70% on USTEC(NASDAQ)

Core Trading Strategies

1. Single RSI Strategy

• Entry: Opens BUY when RSI > Middle Level (default 50), SELL when RSI < Middle Level

• Exit Options:

  • Exit when opposite signal appears (RSI crosses to opposite side)

  • Exit when RSI crosses the middle level (50)

2. Dual RSI Crossover Strategy

• Entry: Opens BUY when Fast RSI crosses above Slow RSI AND both are above Middle Level (50)

• Exit: Opens SELL when Fast RSI crosses below Slow RSI AND both are below Middle Level (50)

• More conservative than single RSI as it requires two confirmations

3. RSI Fixed Levels Strategy:

• Entry/exit based on predefined RSI levels (48/52 for entry, 32/68 for TP, 44/56 for SL)
  

• For Fixed Levels: BUY at RSI > 52, SELL at RSI < 48

Key Features:

Position Management

1. Stop Loss & Take Profit: Configurable in points

2. Trailing Stop System:

   • Can activate immediately or after reaching a percentage of TP distance

   • Adjustable trailing distance and step size

   • Optional breakeven stop activation

3. Advanced SL Adjustment:

   • Can adjust original SL when trailing activates (e.g., move to breakeven)

   • Option to lock adjusted SL so trailing doesn't move it further

4. Re-entry System:

   • After TP is hit, waits for candle to close above/below TP price before re-entering

   • Only re-enters if RSI remains in same direction

   
   
5. Added Manual Confirmation Settings:

   • ShowTradeAlerts: Enable/disable popup alerts

   
   

   • RequireManualConfirmation: Enable/disable manual confirmation

   
   

   • SendEmailAlerts: Send email notifications

   
   

   • SendPushNotifications: Send push notifications

T rading Scope Control

• Can trade on all charts or limit to only the current chart's symbol/timeframe

• Useful for running multiple instances without interference

Exit Behaviors

• Configurable exit triggers based on RSI signals

• Can exit on opposite signals or middle crosses

Risk Management

• Magic number for trade identification

• Configurable lot size

• Point-based SL/TP calculations

• Trade commentary for easy tracking

Use Cases

1. Trend Following: Single RSI above/below 50 for trend identification

2. Momentum Trading: Dual RSI crossover for confirmed momentum shifts

3. Multi-Chart Trading: Can run on multiple pairs with CURRENT_CHART_ONLY setting

4. Automated Risk Management: With trailing stops and SL adjustments