RSI Pending Grid

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Introducing RSI Pending Grid EA – A Powerful Trading Tool Designed for Gold on the 1H Timeframe

RSI Pending Grid is a smart and flexible expert advisor specifically crafted for trading gold (XAUUSD) on the 1-hour timeframe. However, it’s also fully adaptable to other currency pairs — just adjust the parameters to fit their behavior.

How It Works:

• Pending Orders Based on RSI Levels:

When there are no active trades, the EA monitors RSI. If RSI enters extreme zones (e.g., below 30 or above 70), it places pending Buy or Sell orders accordingly.

• Smart Grid System:

Once trades are active, the EA initiates a grid strategy. It opens additional trades at set pip distances to manage positions more effectively and average entries.

• Auto Take-Profit Management:

When total profit hits a specified level (in pips), the EA closes all active positions automatically.

• Pending Order Cleanup:

If a trade is triggered, any remaining pending orders are immediately deleted to avoid overlapping positions.

Key Adjustable Parameters:

• pending_pips = 2000 – Distance for placing pending orders

• Distance_Grid_pips = 100 – Gap between grid orders

• Close_Profit_pips = 1000 – Total profit to close all trades

• RSI period = 14 – RSI calculation period

Best For:

• Traders who prefer semi-automated strategies

• Gold traders looking for RSI-based confirmation

• Grid and averaging strategy lovers

Why Choose RSI Pending Grid?

This EA combines the precision of RSI signals with the efficiency of a grid strategy — giving you a structured and strategic approach to the market.

Ready to trade smart?

Try RSI Pending Grid today and take your trading to the next level!