Kiwi RSI Bot MT4
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- Sürüm: 1.0
Kiwi RSI Bot MT4 v1.00 — RSI Seed Engine + Smart Grid Basket Manager
Kiwi RSI Bot MT4 is an automated trading Expert Advisor for MetaTrader 4 that combines an RSI-based seed entry engine with a Smart Grid Basket Manager and built-in drawdown controls.
Unlike a simple grid system that begins trading without market confirmation, Kiwi RSI Bot uses the Relative Strength Index (RSI) to determine when an initial seed trade may be opened. Once a position exists, the integrated basket-management engine can manage additional grid positions and close the basket according to the selected profit target.
The EA is designed primarily for Gold (XAUUSD) and provides an interactive dashboard for monitoring and controlling trading directly from the chart.
RSI Seed Engine
The RSI engine provides several approaches for identifying potential entries:
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RSI Trend — follows directional RSI strength.
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RSI 50 Cross — uses movement around the RSI 50 level for directional confirmation.
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RSI Pullback — looks for potential opportunities around overbought and oversold areas.
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RSI Hybrid — combines multiple RSI conditions into one entry model.
The Hybrid RSI mode is used in the recommended default configuration.
Higher-Timeframe RSI Confirmation
Kiwi RSI Bot can use a higher-timeframe RSI filter to confirm the direction of seed entries.
The recommended configuration uses:
Higher-Timeframe Filter: M5
This allows the EA's trading logic to remain consistent even when attached to another supported chart timeframe.
Three Trading Profiles
Choose between three entry-frequency profiles directly from the dashboard:
CONSERVATIVE
Stronger entry requirements and fewer trading opportunities.
NORMAL
A balanced configuration between selectivity and trading frequency.
FREQUENT — DEFAULT
More relaxed entry requirements designed to identify more potential trading opportunities.
Smart Grid Basket Manager
After a seed position has been established, the integrated grid engine manages the resulting basket.
Features include:
✓ Adjustable grid distance
✓ Adjustable maximum orders
✓ Configurable lot multiplier
✓ Minimum time between additional grid orders
✓ Basket-level profit targets
✓ Break-even management
✓ Independent BUY and SELL baskets
✓ Manual basket closing controls
✓ Grid pause and resume controls
BUY and SELL baskets are monitored separately, allowing each direction to develop and close independently.
Automatic + Manual Trading
Kiwi RSI Bot supports both automatic and manual workflows.
With Auto Seed enabled, the RSI engine searches for qualifying entries automatically.
Traders can also place a manual position and allow the EA's basket-management logic to manage the resulting basket.
This makes the EA useful both as an automated RSI trading system and as a semi-automatic grid/basket management tool.
Interactive MT4 Dashboard
The on-chart dashboard provides quick access to important controls and live basket information.
You can monitor:
✓ BUY and SELL basket status
✓ Number of open orders
✓ Total basket lots
✓ Current basket profit/loss
✓ Break-even information
✓ Next grid level
✓ Basket target
✓ Spread status
✓ Drawdown status
The dashboard also provides controls for closing individual baskets, closing all managed positions, applying grid settings and resuming trading after drawdown protection has been triggered.
Built-In Drawdown Protection
Grid strategies can increase exposure as additional positions are added, so Kiwi RSI Bot includes several layers of risk control.
The default configuration includes:
BUY Basket DD: 5%
SELL Basket DD: 5%
Master Balance DD: 40%
Additional protection includes spread filtering, drawdown cooldown logic and manual resume control.
These controls are designed to limit exposure, but they cannot eliminate trading risk.
Recommended Default Configuration
The Market version is supplied with the researched default configuration:
Trading Profile: Frequent
RSI Mode: Hybrid
Higher-TF Filter: M5
RSI Period: 7
Seed Lot: 0.01
BUY Seeds: Enabled
SELL Seeds: Enabled
BUY Basket DD: 5%
SELL Basket DD: 5%
Master Balance DD: 40%
The default configuration can be used immediately, while experienced traders can adjust available parameters to suit their own account and risk requirements.
Main Features
✓ Automated RSI seed entries
✓ RSI Hybrid trading engine
✓ Higher-timeframe confirmation
✓ Conservative / Normal / Frequent profiles
✓ Frequent profile selected by default
✓ Smart Grid Basket Manager
✓ Automatic and manual seed support
✓ Independent BUY and SELL baskets
✓ Adjustable grid distance
✓ Adjustable lot multiplier
✓ Basket profit management
✓ Break-even control
✓ Spread protection
✓ Per-side drawdown protection
✓ Master account drawdown protection
✓ Interactive MT4 dashboard
✓ Designed primarily for XAUUSD
✓ MetaTrader 4 compatible
Suggested Setup
Platform: MetaTrader 4
Primary Market: XAUUSD / Gold
Higher-TF RSI Filter: M5
Default Profile: Frequent
Default RSI Mode: Hybrid
Starting Seed Lot: 0.01
Broker symbol specifications, Gold pricing, spreads, leverage and execution conditions vary considerably. Test the EA with your broker before deciding on appropriate settings for a live account.
Important Risk Notice
Kiwi RSI Bot uses grid/basket trading and a configurable lot multiplier. These techniques can significantly increase market exposure during prolonged adverse price movements.
Drawdown controls are risk-management safeguards, not guarantees against loss. Trading leveraged products such as Forex and Gold involves substantial risk and may result in partial or complete loss of capital.
Always test on a demo account first and select settings appropriate for your account size, leverage and risk tolerance.
Kiwi RSI Bot MT4 — Let RSI find the seed. Let the basket manager handle the trade.
