Introducing Project 1 RSI, an expert advisor designed to simplify your trading experience. This powerful tool offers a user-friendly interface, making it easy to modify according to your specific trading strategies. With its lightning-fast backtesting capabilities, you can swiftly evaluate different scenarios and make informed decisions.
Whether you are a seasoned trader or just starting your journey, Project 1 RSI empowers you to make data-driven decisions with confidence. Experience the simplicity, speed, and impressive performance of this expert advisor as it helps you navigate the dynamic world of trading.
Features:
- The EA is designed to be extremely fast in MT5 Backtesting, and everything in the EA can be modified through the settings to give you full ability to find your own settings for any pair.
- Works with any broker and is not spread-sensitive.
- Works with other Expert advisors.
- Works on any time frame and any pair.
- Control to trade during low or high volatility from the setting.
Recommended Pairs:
AUDCAD M15
SETTINGS
- LotSizeMethod Choose your lot size type or a simple auto-risk setting
- RiskPercent Only will work if LotSizeMethod = RiskPercent
- FixedLotSize Only will work if LotSizeMethod = FixedLotSize
- StartTradingTime The time that The EA will start trading
- StopTradingTime The time that The EA will stop trading
- SpreadFilter Spread filter in points
- Volatility_Filter_Type Choose whether to trade during low volatility or high volatility
- VolatilityFilterStrength The strength Of the volatility Filter For example, if you choose in Volatility_Filter_Type to trade during low volatility,and in Volatility Filter Strength Very Strong, it will only trade during very low volatility.
- TakeProfit Take profit in points
- StopLoss Stop loss in points
- ReverseSignalClose Close open trades if there is a reverse signal
- UseTraillingStoploss True if you want to use it, false if you don't
- TrailingStopLossValue Trailing stop loss value in points
- UseBreakEven True if you want to use it, false if you don't
- BreakEvenStart Break even start in points
- UseGrid True if you want to use it, false if you don't
- Grid_Diff Difference between grid orders in points
- Grid_Tp Grid take profit in points
- UseMartingale True if you want to use it, false if you don't
- BuyAndSellAtTheSameTime Allow the EA to Open buy and sell orders at the same time
- MartingaleTP Martingale take profit size
- DiffrenceBetweenOrders Diffrence between martingale orders in candles: for example, if DiffrenceBetweenOrders = 100 and the EA opened an order on the current candle, it would have to wait 100 candles to open a new order
- MaxOrders Maximum allowed number of opened orders
- MaxLot Maximum allowed lot
- LotMultiplair Lot multiplication for grid and martingale orders
- UseLotAdd Adds the lot of the first order to the next order. For example, if Order 1 lot is 0.2, then Order 2 lot will be 0.4, and Order 3 lot will be 0.6
- MaxDrawDown The maximum amount that you are willing to lose from your trading capital in percentage
- MagicNB EA magic number
- MaxSlippage Max slippage in points
- Allow_Buy_Orders True if you want to trade buy orders , false if you don't
- Allow_Sell_Orders True if you want to trade sell orders , false if you don't
- RSI_Period RSI used in the strategy Period
- BuyBelow RSI value to buy below
- SellAbove RSI value to Sell above
- RSI_Reverse Reverses buys with sells, and vice versa if true.
If you still don't understand any of the settings, feel free to contact me at any time.
