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RsiBoss Extreme Free

Introduction

Expert adsvisor RSiBoss Extreme, a product for thoose who enjoy being able to choose between different strategies. Easy to use and optimize despite it's advanced structure,based on Relative Strenght and Moving Average indicators and equipped with three types of strategies(Modes), breakout,regular and trend(only with MA). Automatic stoploss,breakeven and trailing stop calculated through ATR (Average True Range), no take profit levels as all profitable orders are trailed and locked in with break even(let profits run as much as they can). Trading takes place with instant market orders and all orders use stoploss and no dangerous techniques such as averaging, martingale or hedging.

Free version got limitations! Only one strategy available*Ma Cross Trend',moneymanagement disabled, trades with minimum lots size 0.01 only on tuesedays and thursdays between 04:00-19:00 GMT.

Full paid version product you find here:

https://www.mql5.com/en/market/product/36996

Feautures Free version

  • No dangereouse technuiqes
  • ATR stoploss,BE and trailing
  • Profit lock with BE(BreakEven)
  • No take profit level - Let profits run until they loose steam,hits breakeven or trailingstop
  • Always StopLoss in orders
  • Works on all currency pairs including JPY 
  • Any timeframe but M30-H1 recommended
  • HUD display which show all important information you need about RSiBoss trading activity and more
  • Minimum start capital 100-200 dollar with minimum risk
  • Works on most common accounts - To wide spreads will deteriorate performance so try trade on currency pairs with low spreads
  • Spread filter to avoid trigger orders during wide spreads

Optimization

Each one of the trading modes ofcourse need attendance from time to time, it's not self learning so this needs to be done to find best suitable settings

  • Before you use RSiBoss on either demo or real make sure you update it's settings on each style and currency pair you trade.
  • All trading modes already updated and can be used on EURUSD M30 preferred on ECN low spread account. They been optimized only within a short range with high quality Dukas Copy tickdata, commission, swaps,variable spreads and slippage - as near real trading environment you can get. Thoose settings are no guarantee for feauture success. Best way if you optimize to your own satisfaction and maybe you want to trade another currency pair.

When optimization are performed be sure to turn the HUD off! Make .setfiles for each mode to easily load them into the robots settings when needed.

Important 'to know' stuff

Trading forex always involves a risk and by means you should never risk more capital then you can afford to loose - and this is rule #1 you never brake no matter what! Always use proper fund and risk management along with your account size and leverage. Do not set pressure on your capital, let it grow safe with a risk that feels and work comfortable.

Questions? Well just let me know what's on your mind and i try to answer. I hope you will enjoy RSi Boss, wish you best all the best!

Input settings

  • I'm referring to the product screenshots 


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Версия 1.2 2019.04.21
bugix related to time frame enumerations
Версия 1.1 2019.04.12
bugfix related to timeframes dissapearing in settings when using setfiles