Description
Explore a sophisticated cBot based on the Relative Strength Index (RSI) indicator, designed to accurately identify buy and sell signals. Triggered during set hours, our algorithm offers refined trade management. Created with AlgoBuilderX, this advanced tool opens the door to automated trading, even for those without programming experience. Experience a smarter trading strategy with our sophisticated and reliable RSI-based cBot!!
Editable parameters within cTrader:
Time Filter:
-Start Hour Filter: at what time the cBot starts operating.
-End Hour Filter: at what time the cBot finishes operating.
RSI Settings:
-RSI Period: the period we want to give the RSI.
-Overosold: the value we want to define oversold RSI
-Overbought: the value we want to define overbought RSI.
Risk Management:
-Fixed Lots: value to define the lottery
-Take Profit: how many pips we want in profit to close the trade
-Stop Loss: how many pips in negative to stop losses
WARNING
The cBot has not been optimized, it is not ready to be used in the markets.
I recommend that you do backtests and optimizations before using the cBot
If you want to buy the .algo and .abx of this cBot CLICK HERE
The author decided to hide the source code.
Drag.Drop.Build
Joined on 26.01.2024
- Distribution: Free
- Language: C#
- Trading platform: cTrader Automate
- File name: RSI .algo
- Rating: 0
- Installs: 69
Comments
Good morning my friend how are you ? How can I contact you? I saw a robot of yours about moving averages and I would like an update if possible. thanks my contact telegram @eulaliojr
traderinthearena the cBot works and it has always been possible to backtest and optimize.
In the description I followed your very good advice and added some screenshots and I have the editable parameters within cTrader.
If the cBot was not working the advice I can give you is to update cTrader to the latest version and use in the backtest settings "Tick data from Server" because the cBot was programmed for the event "OnTick"
Next time, I suggest you experiment or ask for information without using denigrating and complaining language so that you can better appreciate others' work.
Doesn't even work. You can't backtest or optimize with it…..:-(
At least give some parameters for it and post screenshots before going and saying all these good things about it and then not backing it up…waste of time….
Good morning my friend how are you ? How can I contact you? I saw a robot of yours about moving averages and I would like an update if possible. thanks
my contact telegram @eulaliojr