Original website: fxsharerobots.com/rsi-trading-system/
- RSI Trading System v.3
- Set file
- PDF Manual
This amazing classic indicator is very powerful by its simplicity, so we decided to connect it to our best EA source code core. As a result we get widely customizable EA. According to our users feedbacks and requests about the older version this one gets all the possible settings. Now you can fully adjust RSI trading levels. There is two main possible trading styles: 1 – you can trade over one level for ex.50; 2 – you can enter your levels like 70 and 30, then you have your lows and highs.
THIS NEW VERSION RSI TRADING SYSTEM V2.0 COMES WITH GREAT NEW FEATURES SUCH AS:
- New great more informative info display;
- New bugs and lags free source code core, faster for testing;
- 2 different trading styles (Center mode or High, Low mode);
- EA featured with full settings and reverse system;
- Customizable lot size management.
Lots of settings: You can customize this Forex EA Robot to your needs. You can change settings such as RSI period, RSI levels, trading time, reverse the system and much more.You dont need to track the market all the time and wait for the important levels to be hit with RSI anymore, let the EA Robot do it for You!
Check the back test results. As always nice and straight. 16 years stable profit on backtest!
This Rsi Trading System can trade in two RSI trading styles. If you set the TradingStyle parameter to 1 EA will trade over one center level the one you will enter. For ex. if you put value 50, EA will enter Buy when the RSI is more then 50 and SELL when under 50 level line. Also you can reverse the system using parameter called EntryMode (1= Normal, 2= Reverse). If you set TradingStyle to 2, you will be able to set your custom two RSI levels. For ex. put 70 for High and 30 for Low, EA will Sell when RSI hits the 70 level, and Buys when under 30. This way you have your self market lows and highs. As a rule says “Sell high, Buy low!”.
This new version is equipped with new feature called EntryMode. You can use this option for both trading styles. It can reverse whole trading system, so you can decide by the market condition what entry mode fits the best at that moments.
Also we use our unique way to control the risks – when auto trading. You can choose how you want to control the lot size management, turn on or off lot rising mechanism.
Every version of our software is able to trade with any time frame and any currencies pairs as well as stocks, metals etc.. All our EA’s can even trade multiple pairs at the same time separated by magic number. The software has special memory system which creates memory files and logs the trading process, so you never lose your trading cycle in case platform crash or connection is lost.
This version includes latest list of settings and new money management info display, so you can easily track your trading process. This will make your trading even more safe than before.
NEW! This new version comes with our latest feature called “HedgeRatio”, if you put 3 at that field, EA will never let the difference to be bigger than 3 trades in between, like for ex.: it will only open max. x3 Buy versus x0 Sell, x4 Buy vs x1 Sell, 13 Buy vs 10 Sell and so on. This way you dont have too big difference ratio between two sides, and eventually one or another wins. It is only question of time!
Start earning profit at professional level, get RSI Trading System EA v3.0.
There is one .set file and users manual included so you don’t have to worry if you do not understand all the terms of settings!
We strongly recommend to test your settings on back tester and demo before you run it live!
This is updated version V3.0 which includes features:
– Added spread protection option
– Fixed memory file system bugs
– Manual lot entry function available
– Fixed trailing stop
– Added extra safety feature “HedgeRatio” (version v3.0)