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RSI 2 Storm

How does it work?

IFR 2 Storm checks the value of RSI 2 for each new candle, making only buy entries. When RSI 2 is below the configured parameter, the first entry is made. If the configured take profit is not reached ([default] maximum of the two previous candles) by the close of the next candle, the second entry is made. If the take profit is not reached by the start of the next candle, the third entry is made. The stop loss is not calculated in price, the stop loss is calculated in candles (default 4 candles after the third entry).


Advantages:

  • Although this is RSI 2, the RSI period is adjustable.
  • The value that defines the oversold market is adjustable.
  • Candle amounts for adjustable stop loss.
  • Number of previous candles for calculating adjustable take.
  • Candle period is adjustable.
  • The calculation for the value used in the entries is flexible, the trader can choose between using fixed lot values, capital value (Dollar, Euro, Real etc...), or as a percentage of total capital.


How to use:

Set the RSI period, I suggest keeping the period 2, set the RSI value for oversold market, I suggest keeping it between 25-20, set how many previous candles the EA should use to calculate the maximum used as take profit, set how many candles should be used as stop loss, they are counted from the third entry;

To define the value used in the inputs, first define "Calculate the value of the lot in":

CAPITAL: Uses fixed values ​​in the pair currency, example XAUUSD "1st entry in capital value": 100 = 100 dollars will be used in the entry.

LOT: Uses the batch quantity to make entries, for example XAUUSD "1st Lot size": 0.1 will use 0.1 XAUUSD in the entry.

PERCENTAGE: Uses a percentage of the trader's available capital, example: Capital $1000.00 "1st entry percentage in capital value": 10 the value used in the entry will be $100.00.


Recommendations

  • Currency pair: XAUUSD, GOLD
  • Timeframe: 12H, Daily
  • Minimum deposit: $100
  • Account Type: Any


Risk Warning:

Before you buy RSI 2 Storm, please be aware of the risks involved. Past performance is no guarantee of future profitability (EA may also have losses). The backtests shown are highly optimized to find the best parameters, so the results are not transferable to real trading. Do not invest or risk money that you cannot afford to lose.


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Alien Titan is a next-generation multi-currency bot designed for efficient trading in the Forex market. This expert advisor combines cutting-edge algorithms and customizable settings, enabling traders to achieve stable profits with minimal risk. Let's explore its main features, advantages, parameters, and usage process. Main Features of Alien Titan: Flexible Settings: Alien Titan offers a wide range of customizable parameters, including strategy settings, stop-loss and take-profit levels, lot s
Neon Trade MT5
Evgeniy Ilin
3.4 (5)
Experts
# Neon Trade MT5 Notre communauté Telegram Nous vous présentons Neon Trade - une innovation unique dans le domaine du trading algorithmique sur les marchés des changes, utilisant des méthodes avancées d'apprentissage automatique. Notre conseiller est entièrement autonome et prêt à travailler après son installation sur n'importe quel graphique et chronologie. Il fonctionne selon le principe - accroché sur le graphique et oublié. La seule chose à faire est d'autoriser l'accès à mon API " https://
Compound Interest Moon
Yan Jian Luo
Experts
Compound Interest Moon brushing orders! Attention! Attention! Attention!: Low cost and low point platforms are necessary for brushing orders. Please review first and then simulate trading. Do not directly conduct actual trading and test suitable trading varieties A set of arbitrage brushing strategies developed after years of research and development Suggested variety of gold
Project 758
Konstantin Sinitsin
Experts
Greetings, fellow traders. EA Project 758 was created by a team of traders and programmers with 15 years of experience. EA Project 758 has been developed and refined over a period of 6 years. Through this process, we have achieved excellent results. The EA algorithm is proprietary and has no analogues. It incorporates universal and complex systems such as IR, developed personally by us. We designed a proprietary EA that embodies the behavior model of termites. These tiny insects are known for th
Marvelous EA MT5
Ugochukwu Mobi
Experts
Présentation de Marvelous EA : Votre Compagnon de Trading Ultime Libérez tout le potentiel du marché Forex avec Marvelous EA, une solution de trading automatisée de pointe conçue pour maximiser vos profits et minimiser les risques. Cet algorithme de trading élaboré avec expertise est équipé de fonctionnalités avancées pour naviguer avec précision et efficacité dans le paysage dynamique du Forex. OR - XAUUSD - M15 Performance en compte réel : https://www.mql5.com/fr/signals/1973370 Caracté
Golden Hermes
Aleksandr Chebotaev
Experts
Hello, my name is Alexander. I would like to introduce you to my new development, Golden Hermes EA. The advisor is synthesis of two strategies: breakout strategy and level trading strategy. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All trades are protected by take profit and stop loss. I tried to make the advisor as easy to install as possible, so it is fully optimized, you just need to install it on the ch
Bonnitta Gold MT5
Ugochukwu Mobi
5 (2)
Experts
Bonnitta Gold est basé sur l'indicateur de trading personnel Bonnitta et sur un algorithme de trading secret très avancé. La stratégie de Bonnitta Gold est une combinaison d'un indicateur personnalisé secret, de lignes de tendance, de niveaux de support et de résistance et de l'algorithme de trading secret le plus important mentionné précédemment. BONNITTA GOLD A BESOIN D'UN LEVIER PLUS ÉLEVÉ DE 400 ET PLUS - JE L'AI TESTÉ AVEC 10 000 USD ET UN LEVIER DE 1: 500 VEUILLEZ VOIR LE LIEN DU COMPTE
Carilas Alphas T5
Vitalii Zakharuk
Experts
Carilas Alpha   is a highly effective automated trading assistant focused on trend trading in the Forex market. Trading Forex requires a significant investment of time, effort and experience. With trading bots, traders can automate their strategies and take advantage of market trends without having to spend a lot of time on analysis. Carilas Alpha is especially useful for trading highly volatile currency pairs or during periods of high market activity. What is Carilas Alpha? This is a tradi
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Telegram notifications
Diego Helio Da Silva
Utilitaires
Send position notifications to your channel or chat, the EA also has the function of sending to a chat if it is running every hour, very important for traders who have EA running in the cloud to receive hourly notifications if the EA is running, if the notification is not sent it means that the EA is having a problem, and the trader can take faster action, preventing their EA from being stopped for hours or days. After the position is completed, the EA "Telegram notifications" will edit the orig
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