RSI Raptor

Overbought/oversold strategy with RSI (Relative Strength Index) indicator. The EA buy when the RSI is oversold and sell when RSI is overbought.
RSI Raptor can works always or few hours per day. With Trading Time and Trade Closing Time option, you can set the time to trade and if to close or not the orders.
It’s equipped with Money Management, Take Profit, Stop Loss and Slippage protection and it can works with most pairs and all time frames.

Best results with M15 time frame.

FEATURES

• Fully optimizable
• only technical analysis and RSI indicator
• Every trade has a Stop Loss and Take Profit level
• Trading time option
• Trade closing time option
• Market orders only
• Fixed lots size or Money Management option
• Not complicated strategies and settings
• No martingale, grid or other risky strategy
• No hedging
• No trailing stop

RECOMMENDATIONS

• ECN broker
• Low spreads
• Low commisions

NOTE

The default settings in the EA are not the best values. The results shown in the screenshots are just an example obtained with the Optimization in MT4 with Open prices only Model.

Before using it, test it and enter your own settings that work for you best.