cTrader Classic RSI Trading Strategy paid

by ClickAlgo in category Trend at 25/02/2018
Description

This is a commonly used trading system that has been automated, it helps identify trend changes and can be used with the right settings as a trading robot, it has risk management included helping you reduce your losses. We are not promising you will get rich, but this robot can be used fully or semi-automated as part of a collection of other trading robots together.

Download the Robot and Start Auto-Trading Today

Watch a Video Demonstration

How Does This Trading Robot Work?

The core of the trading robot uses the classic RSI trading system where positions are opened when the RSI line breaks above or below upper and lower thresholds, additional logic has been added to improve performance and reduce false signals. Closing positions are very important and there are various optional methods a trader can use.

  • Stop loss, Take profit and Trailing stop loss
  • Close on the reverse, this is very useful as it will keep a position open until the opposite signal occurs

 

Trading Hours

This useful feature will allow you to set the start and end trading times, so you can avoid the most volatile periods, the optimum trading hours will differ for each instrument, but can easily be found using cAlgo's optimization feature.

 Instant Window Popup and Email Alerts 

You can also show a pop-up window and have an email sent to you when a price reversal signal happens.

  • Symbol: EURUSD
  • Timeframe: Hour
  • Time: 12:34
  • Price: 1.2295
  • RSI value: 38
  • RSI period: 14
  • Trade direction: Buy

Option to Turn off Auto-Trading

With Auto-Trading turned off you can use this system as a signal generator to receive an email or a pop-up window.

FIND OUT MORE AND DOWNLOAD

Paul Hayes
Sales & Marketing
Emailcontact@clickalgo.com
Phone: (44) 203 289 6573
Websitehttps://clickalgo.com

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PS: Why not join our instant chat group on Telegram.

 

Warning! Executing the following cBot may result in loss of funds. Use it at your own risk.
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Formula / Source Code
Language: C#
Trading Platform: cAlgo
´╗┐using System;
using cAlgo.API;
using cAlgo.API.Internals;
using cAlgo.API.Indicators;
using cAlgo.Indicators;
using System.Windows.Forms;
using System.Threading;

// To download the software please visit: https://clickalgo.com/ctrader-classic-relative-strength-index-rsi-strategy

namespace cAlgo
{
    [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.FullAccess)]
    public class ClickAlgoSoftware : Robot
    {
        [Parameter(DefaultValue = 0.0)]
        public double Parameter { get; set; }

        private static Mutex dialogMutex = new Mutex();
        private static bool dialogIsShownOnce = false;

        protected override void OnStart()
        {
            ShowDialogBox();
        }

        protected override void OnTick()
        {
            // Put your core logic here
        }

        protected override void OnStop()
        {
            // Put your deinitialization logic here
        }

        public static void ShowDialogBox()
        {
            dialogMutex.WaitOne();

            if (dialogIsShownOnce)
                return;

            var ret = MessageBox.Show("It is not possible to download the software from the cTDN website. Would you like to visit us at ClickAlgo.com where you can download it?", "Downloading...", MessageBoxButtons.YesNo, MessageBoxIcon.Information);

            if (ret == DialogResult.Yes)
            {
                System.Diagnostics.Process.Start("hhttps://clickalgo.com/ctrader-classic-relative-strength-index-rsi-strategy");
            }

            dialogIsShownOnce = true;

            dialogMutex.ReleaseMutex();
        }
    }
}
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