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RSIBand Pro EA MT4

5

RSIBand Pro EA is a hybrid strategy that has been tested and optimized using 99.9% tick data from 2012 to 2023. Its main signal is based on Bollinger Bands, with RSI as a confirming signal to identify trends.


Supported currency pairs: AUDCAD

Recommended timeframe: M15


MT5 Version: Click Here


Backtest

  • Model: Every tick (the most precise method based on all available least timeframes)
  • Modelling quality: 99.90% (the most precise data of MT4)
  • Spread: Variable
  • Time Period: 2012 – 2023.10
  • Symbol: AUDCAD
  • Timeframe: M15
  • Dynamic lot: Dynamically sets the lot size based on the current balance.

* Backtests should be done with Tick Data Suite GMT+2 with US DST. This GMT offset is used by most brokers


Setting

  • Risk Management: Customize the level of risk according to your trading preferences.
  • Take Profit for Initial Trade: Set the take profit level in pips for the initial trade.
  • Take Profit for Pips as Position: Specify the average profit in pips that you want to achieve when opening multiple orders (2-3 orders).
  • Bollinger Bands Period: Determine the period of the Bollinger Bands used to calculate the upper and lower levels.
  • RSI Period: Set the period for RSI indicator used to generate secondary signals for confirming trend reversals.
  • Trade Distance: Define the minimum distance in pips between trades.
  • 3rd - 5th Trade Multiplier: Set the multiplier for the lot size of the third to fifth trades.
  • 6th Trade Multiplier: Determine the multiplier for the lot size of the sixth trade and subsequent trades.
  • Trade Count for Closing: Determine the maximum number of orders you are willing to have at risk, and if this limit is reached, the EA will close the orders at breakeven.
  • Percent Profit for closing: Set the average profit percentage at which you want to close the orders at breakeven.
  • Maximum Slippage in pips: Specify the maximum allowed slippage in pips for the next open trades.
  • Stop Loss: Specify the percentage of your account balance that you are willing to risk as a stop loss.

  

Recommend

  • Currency Pairs: AUDCAD
  • Timeframe: M15
  • Account Type: Any, with a minimum spread (preferably ECN/Raw)
  • Leverage: 1:100 is recommended
  • Settings: Default
  • Minimal/Recommended Deposit: $1500 or 1500 US Cent


Reviews 6
Bruks51
84
Bruks51 2024.05.14 15:11 
 

Прибыльный советник. Спасибо автору. Установил на центовый счёт после тестирования. Понаблюдаю и поделюсь результатами позже.

MattyTrading
2314
MattyTrading 2024.02.03 00:55 
 

EXCELENTE EA , probado al 99 % ,FELICITACIONES

Oria297 RD
38
Oria297 RD 2024.01.19 23:59 
 

En Backtest ha dado buenos resultados. Un riesgo inferior al CadenceFX y, por ende, un poco menos de beneficio, pero ideal para empezar. Lo probaré en Demo. Buen trabajo!!!

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Miliron mt4
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CadenceFX MT4
Miss Supatcha Pigulkaw
5 (1)
Key Features: Dual Indicator Strategy:   The EA utilizes Bollinger Bands and Stochastic Oscillator to identify reversal points, ensuring precise entry and exit signals for profitable trades. Trend Filtering System:   CadenceFX incorporates a trend filtering system to prevent trading in strong trend conditions, enhancing trading accuracy and reducing potential losses. Patience in Trading:   The EA waits for the market to retrace before entering trades, ensuring a strategic approach to trade exec
EuroPips Pro MT5
Miss Supatcha Pigulkaw
EuroPips Pro is a sophisticated and reliable Expert Advisor (EA) designed to capitalize on trading opportunities in the forex market. It is equipped with a comprehensive set of features and indicators to identify profitable trading signals and manage trades with precision and efficiency. Key Features: 1. Currency Pair and Timeframe: EuroPips Pro is specifically optimized for trading the EURUSD currency pair on the H1 timeframe, allowing it to focus on this market with a high level of precisio
FusionBanditSto
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BollSto EA MT4
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DynamicBandit EA MT4
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DynamicBandit EA   is a unique and versatile hybrid strategy that has undergone rigorous testing and optimization using 99.9% ticks data from 2010 to 2023. Its core strategy is based on Bollinger Bands, complemented by Envelopes to confirm trend identification. With our risk management system, you have the flexibility to choose your preferred risk level. The user-friendly interface, combined with high-quality stability and real-time processing modules, offers an extensive array of configuratio
BollSto EA MT5
Miss Supatcha Pigulkaw
EA Grid- BollSto  is a hybrid strategy that has been tested and optimized using 100% History Quality from 2008 to 2023. Its main signal is based on Bollinger Bands, with Stochastic as a confirming signal to identify trends. It can be used on various timeframes such as M15, M30, H1, H4, and D1, with customizable settings. * Recommended to use 1 timeframe per 1 account to limit risk. The risk management system allows you to choose your preferred risk level. The user-friendly interface, coupled wit
DynamicBandit EA MT5
Miss Supatcha Pigulkaw
DynamicBandit EA is a unique and versatile hybrid strategy that has undergone rigorous testing and optimization using 100% real ticks History Quality data from 2010 to 2023. Its core strategy is based on Bollinger Bands, complemented by Envelopes to confirm trend identification. With our risk management system, you have the flexibility to choose your preferred risk level. The user-friendly interface, combined with high-quality stability and real-time processing modules, offers an extensive arr
StochRider
Miss Supatcha Pigulkaw
The EA "StochRider" is developed for trading the EURUSD currency pair in the M15 timeframe using an effective trend-following strategy. The main entry signal is based on the chart hitting a support or resistance line, and a secondary signal is used to filter reversal signals using the Stochastic Oscillator to mitigate potential unwanted orders. Details of the EA: Name: StochRider Main Entry Signal: Chart hitting support or resistance lines Secondary Entry Signal: Using the Stochastic Oscillat
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Bruks51
84
Bruks51 2024.05.14 15:11 
 

Прибыльный советник. Спасибо автору. Установил на центовый счёт после тестирования. Понаблюдаю и поделюсь результатами позже.

MichaellaJans
201
MichaellaJans 2024.05.04 19:08 
 

User didn't leave any comment to the rating

agrushev777
2328
agrushev777 2024.02.17 18:07 
 

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MattyTrading
2314
MattyTrading 2024.02.03 00:55 
 

EXCELENTE EA , probado al 99 % ,FELICITACIONES

Oria297 RD
38
Oria297 RD 2024.01.19 23:59 
 

En Backtest ha dado buenos resultados. Un riesgo inferior al CadenceFX y, por ende, un poco menos de beneficio, pero ideal para empezar. Lo probaré en Demo. Buen trabajo!!!

BrightonTH
84
BrightonTH 2023.11.16 10:31 
 

User didn't leave any comment to the rating

Reply to review
Version 1.2 2023.12.15
Added options for risk management
Version 1.1 2023.11.24
Add dropdown list of risk management