In This RSI Indicato Forex robot, you need to use your own strategies. We do not provide you any strategy with this robot. In This RSI Indicato EA, you will get full control. You can set Lots size, Indicator Period, Shift, Take Profit, Stop Loss, Maximum Trade, Time of the Trade, Time when u want to start and want to stop, Lot size Change Auto options, Martingale System, Money Management, Trailing Stop ETC. You will get many settings for change and modify This EA, Robot.
Compatible Platform:This forex robot is only compatible with the mt4 platform. You can use this robot in any time frame you like you use. On the other hand, you can also use this robot for any forex pair you like to use. We always recommend choosing a low spread broker for trading. And stay away from the non-regulated forex broker. We found that icmarkets is one of the best low spread and regulated brokers out there.
What you can do by RSI Indicator Forex Robot: It will send PC and phone notifications. You can set your strategies of Trend Finder Indicator. It will open the BUY/SELL order automatically.
Initial back-test: To run a back-test we have coded a complete trading strategy as a MetaTrader 4 Expert Advisor. During the preliminary analysis, we have identified that the best time frame for the Trend Finder Indicatortrading strategy is 1 hour (H1). We have run a back-test of the Trend Finder Indicatorstrategy standard Indicator to define the trend direction and point. For our test as a trade exit rule, we have used a Trailing Stop of 30 pips which is launched after a trade has started and is modified each new 1 pip of profit. From our point of view, such an approach allows to maximize profit and minimize drawdown.
- Guideline Video & PDF for Setup: We will teach you everything about setup Forex Robot. We have Video and PDF File. We will help you to set & Trade by EA. This Services for life time.
Forex Trading Strategy:In This RSI Indicator Forex robot, you need to use your own strategies. We do not provide you with any strategy with this robot. In This RSI Indicator EA, you will get full control.
Live and Demo Trading: Do not trade on a live account until you have experienced positive results on a demo account over a 2 to the 4-week period (Don’t be in a hurry). Note that for best results use trending currencies and market conditions that show good trends for the trending strategies. Use low-volatility currencies for sideways market trading.
- Balance & lot Size: Use position sizing of 0.01 for every currency for every $1 000 in your demo account. Test as many currencies and timeframes as your computer resources allow. Know the function of each setting as described in the user manual. Make sure you know the basics of Forex trading. Study this marketing page and watch all the videos provided. Learn how to download testing set files
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