RSIBand Pro EA MT4
- Experts
- Miss Supatcha Pigulkaw
- Version: 1.2
- Updated: 15 December 2023
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
Прибыльный советник. Спасибо автору. Установил на центовый счёт после тестирования. Понаблюдаю и поделюсь результатами позже.