Category Other  at 02/11/2023

RSI BAR

Description

 

  • .RSI BAR, simple and functional robot, the stop loss is proportional to the takeprofit the condition to open the order the price must be overbought or oversold the next bar the price must open within the previous bar.
  • Symbol:EURUSD

      settings 6M 


// // The author hid the code of this algorithm
CA
carneiroads

Joined 10.09.2022

  • Type: Free
  • Language: C#
  • Trading Platform: cTrader Automate
  • Filename: RSIBARv2.algo
  • Rating: 5
  • Installs: 368
Comments
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drkhashix's avatar
drkhashix · 3 weeks ago

"RSI should be set to 70 and 30, and they should be consistent with each other. The observation is that you have based the settings on past profitability, which might pose a problem in the future."

CA
carneiroads · 1 month ago

Yes Jim, or better yet, buy a robot, turn your back and travel the world, the human mind is really subjective,

JI
jim.tollan · 1 month ago

thanks  -simple is good!! ill take it for a spin