RSI Trader EA

USER GUIDE – RSI Trader EA

RSI has four Strategy 

1. UP and DOWN
2. UP and DOWN (Reverse)
3. Cross at OS/OB Line
4. Cross at OS/OB Line (Reverse)

1) UP and DOWN

Buy Signal = When the RSI line is below Buy Level (Oversold/OS)

SELL Signal = When the RSI line is above Sell Level (Overbought/OB)

2) UP and DOWN (Reverse)

Buy Signal = When the RSI line is above Buy Level (Oversold/OS)

SELL Signal = When the RSI line is below Sell Level (Overbought/OB)

3) Cross at OS/OB Line

Buy Signal = When the RSI line is cross the Buy Level (Oversold/OS) from the upper level.

SELL Signal = When the RSI line is cross the Sell Level (Overbought/OB) from the lower level

4) Cross at OS/OB Line (Reverse)

Buy Signal = When the RSI line crosses the Buy Level (Oversold/OS) from the lower level.

SELL Signal = When the RSI line crosses the Sell Level (Overbought/OB) from the upper level.

How to Reset Work

When EA opened SELL trade, EA not open any sell trade until RSI come down Sell reset line.

OTHERS COMMON PARAMETERS

MULTI-PAIR SECTION

• • Multi-Pair Configuration

INITIAL TRADE SECTION

• • General Setting
  • Trade Stop Filter
  • Trade Time
  • News Stop Filter

LOSS RECOVERY SECTION

• • Grid Trade (Loss Side)
  • Grid Trade (Profit Side)
  • Martingale Trading

TRADE CLOSING SECTION

• • Basic TP/SL Setting
  • Partial Closing
  • Additional Close Filter
  • Break-Event / Trailing

COMMON SECTION

• • EA Configurations
  • Display

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