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RSI GridMaster

Introducing the RSI GridMaster Expert Advisor, the culmination of extensive development and rigorous testing.

This powerful trading tool leverages the RSI indicator to execute sell orders in overbought conditions and buy orders in oversold conditions, aiming for consistent profits through position averaging.

With a wide range of customizable settings, you can tailor the EA to match your unique trading strategy and adapt to various market conditions.

Live results

Key Features:

  • Automatic Lot Sizing: Adjusts lot sizes automatically based on your settings.
  • Order Restrictions: Ability to disable buy or sell orders to fit your trading strategy.
  • Trading Time Filter: Customize trading sessions to suit your needs.
  • Maximum Open Positions: Set limits on the number of open positions.
  • Loss Limitation: Implement loss caps to manage risk.
  • Trailing Stop: Protect profits with trailing stop functionality.
  • Martingale Option: For those with a higher risk tolerance, the Martingale strategy is available.

Recommendations:

  • Currency Pairs: GBPUSD, EURUSD, AUDCAD
  • Timeframe: H1
  • Minimum Deposit: $1,000 per currency pair with a risk setting of 1
  • VPS: Use a Virtual Private Server for optimal performance
  • Broker Requirements: Low spread and fast execution broker

For detailed instructions on using the EA, please refer to the user manual available here.

For optimal performance, we provide set files which you can find here: [link to set files]

Disclaimer: Past performance is not indicative of future results. Before using the expert on a live account, test your settings in the strategy tester and on a demo account to understand how the system operates. This way, you can make any necessary adjustments and gain confidence in the settings.

Upgrade your trading strategy with the RSI GridMaster Expert Advisor today!

If you have any questions or need further assistance, please don't hesitate to reach out. You can find our contact information here. We are always happy to help!

Successful trading!

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Version 1.2 2025.03.23
Improved the EA's ability to calculate lot sizes after restarting the terminal with open positions.
Version 1.1 2024.03.07
The martingale settings have been updated in the latest version. Update to the latest version to enjoy the new features and improvements.