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AXT Reversal RSI

AXT Reversal RSI EA accurately scans the FX market conditions and identifies the best potential area for buying or selling. Thanks to with well-implemented money management system and by using the popular RSI indicator with exclusive settings, you can choose several trading methods:

  • Stable     It's recommended for those who prefer slow but stable profit rise.
  • Aggressive     It seems that you want to drive at maximum speed on a highway.
  • Not to Averaging     Your broker doesn't offer Swap-Free account or you don't want to keep positions open for a few hours or days
  • Single Buy / Single Sell     You don't prefer to enter your capital in the market without setting profit and loss limits.
  • Flexible better than Hard     Control the drawdown instead of using hard stop loss limit.
For a more complete understanding of the robot's features and how to use it properly, please read the product manual carefully.

Features

  • Not a fake and deceptive History Reader EA
  • Several methods of money management can be used
  • Capable to place Stop-Loss and Take-Profit for each position
  • Flexible stop loss limit option based on equity drawdown percent
  • Not sensitive to spread
  • Easy to install

EA parameters and settings

  1. Indicator Settings
    • Choose Trading Method (Stable or Aggressive trading method is selectable)
    • Indicator Period (Defines indicator look back period)
  2. Order Options
    • Base Lot Size (Defines start volume for the first position)
    • StopLoss (Defines Stoploss in Points not Pips. Zero input means positions would place with no SL)
    • TakeProfit (Defines Takeprofit in Points not Pips)
  3. Loss Recovery Management
    • Next Trade Lot Size Multiplier (Defines how much the next position volume multiplied by last position volume)
    • Max Allowed Positions (Defines max open position per each market side : Buy/Sell)
    • Use Equity Stop ? (This option will close all open position if defined percentage of equity loss reached)
    • Equity Stop Percentage (Equity loss trigger to close all open positions)
  4. Others
    • Show OSD (Defines EA would display information on screen or not)
    • EA Unique ID (An special number to recognize this EA from other active EAs)

Recommendations

  • Currency Pairs: AUDCAD | AUDNZD | NZDCAD
  • Timeframe: M15
  • Use minimum lot size (0.01 for ECN brokers)
  • Platform: MetaTrader 4
  • Minimum deposit: 1000 USD
  • Leverage: 1:30 up to 1:1000
  • Type of account: ECN Swap-free is highly recommended


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