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Project 1 RSI

5

Introducing Project 1 RSI, an expert advisor designed to simplify your trading experience. This powerful tool offers a user-friendly interface, making it easy to modify according to your specific trading strategies. With its lightning-fast backtesting capabilities, you can swiftly evaluate different scenarios and make informed decisions. 

Whether you are a seasoned trader or just starting your journey, Project 1 RSI empowers you to make data-driven decisions with confidence. Experience the simplicity, speed, and impressive performance of this expert advisor as it helps you navigate the dynamic world of trading.  

  

Features:

-  The EA is designed to be extremely fast in MT5 Backtesting, and everything in the EA can be modified through the settings to give you full ability to find your own settings for any pair.

-  Works with any broker and is not spread-sensitive.

-  Works with other Expert advisors.

-  Works on any time frame and any pair.

-  Control to trade during low or high volatility from the setting.

Recommended Pairs:


 AUDCAD M30

  

SETTINGS

- LotSizeMethod                  Choose your lot size type or a simple auto-risk setting

- RiskPercent                      Only will work if LotSizeMethod = RiskPercent

- FixedLotSize                     Only will work if LotSizeMethod = FixedLotSize

- StartTradingTime              The time that The EA will start trading

- StopTradingTime               The time that The EA will stop trading

- SpreadFilter                      Spread filter in points 

- Volatility_Filter_Type        Choose whether to trade during low volatility or high volatility

- VolatilityFilterStrength      The strength Of the volatility Filter For example, if you choose in Volatility_Filter_Type to trade during low volatility,and in Volatility Filter Strength Very Strong, it will only trade during very low volatility.

- TakeProfit                          Take profit in points

- StopLoss                            Stop loss in points

- ReverseSignalClose            Close open trades if there is a reverse signal

- UseTraillingStoploss           True if you want to use it, false if you don't

- TrailingStopLossValue         Trailing stop loss value  in points

- UseBreakEven                    True if you want to use it, false if you don't

- BreakEvenStart                  Break even start in points

- UseGrid                             True if you want to use it, false if you don't

- Grid_Diff                           Difference between grid orders in points

- Grid_Tp                             Grid take profit in points

- UseMartingale                   True if you want to use it, false if you don't

- BuyAndSellAtTheSameTime       Allow the EA to Open buy and sell orders at the same time 

- MartingaleTP                      Martingale take profit size

- DiffrenceBetweenOrders     Diffrence between martingale orders in candles: for example, if DiffrenceBetweenOrders = 100 and the EA opened an order on the current candle, it would have to wait 100 candles to open a new order

- MaxOrders                          Maximum allowed number of opened orders

- MaxLot                               Maximum allowed lot

- LotMultiplair                       Lot multiplication for grid and martingale orders

- UseLotAdd                          Adds the lot of the first order to the next order. For example, if Order 1 lot is 0.2, then Order 2 lot will be 0.4, and Order 3 lot will be 0.6

- MaxDrawDown                    The maximum amount that you are willing to lose from your trading capital in percentage

- MagicNB                             EA magic number

- MaxSlippage                       Max slippage in points

- Allow_Buy_Orders              True if you want to trade buy orders , false if you don't

- Allow_Sell_Orders              True if you want to trade sell orders , false if you don't

- RSI_Period                         RSI used in the strategy Period

- BuyBelow                          RSI value to buy below

- SellAbove                          RSI value to Sell above

- RSI_Reverse                       Reverses buys with sells, and vice versa if true.

If you still don't understand any of the settings, feel free to contact me at any time.



Reviews 1
TradFMED62
354
TradFMED62 2023.09.02 17:16 
 

Hello, I have been using the EA Project 1 RSI in my real money account for about 10 days. Return in this time around 16 percent. No negative outbreaks in this time, EA runs quietly and always cuts small pieces out of the market.

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Golden Pharaoh is a powerful trading tool designed to enhance market analysis and decision-making. It is designed to automatically detect historical support and resistance levels, which are key areas where price action has previously reversed or paused. By analyzing these critical price zones, it identifies strong support (price floors) and resistance (price ceilings) from past market data. Once these levels are determined, the EA calculates the price difference between them to pinpoint the bes
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TradFMED62
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TradFMED62 2023.09.02 17:16 
 

Hello, I have been using the EA Project 1 RSI in my real money account for about 10 days. Return in this time around 16 percent. No negative outbreaks in this time, EA runs quietly and always cuts small pieces out of the market.

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Version 3.10 2024.03.27
Small bug Fixes
Version 3.0 2024.03.15
Strategy Update
Version 2.0 2023.09.14
Small bug fix
Version 1.1 2023.09.14
small bug fix