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RSI Range Robot free

by akleanthous in category Range at 18/12/2013
Description

    The "Sample RSI Range Robot" will create a buy order when the Relative Strength Index indicator crosses the  level 30, 
    and a Sell order when the RSI indicator crosses the level 70. The order is closed be either a Stop Loss, defined in 
    the "Stop Loss" parameter, or by the opposite RSI crossing signal (buy orders close when RSI crosses the 70 level 
    and sell orders are closed when RSI crosses the 30 level). 

    The robot can generate only one Buy or Sell order at any given time.

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How to install
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
// -------------------------------------------------------------------------------------------------
//
//    This code is a cAlgo API sample.
//
//    This robot is intended to be used as a sample and does not guarantee any particular outcome or
//    profit of any kind. Use it at your own risk.
//
//    All changes to this file will be lost on next application start.
//    If you are going to modify this file please make a copy using the "Duplicate" command.
//
//    The "Sample RSI Range Robot" will create a buy order when the Relative Strength Index indicator crosses the  level 30, 
//    and a Sell order when the RSI indicator crosses the level 70. The order is closed be either a Stop Loss, defined in 
//    the "Stop Loss" parameter, or by the opposite RSI crossing signal (buy orders close when RSI crosses the 70 level 
//    and sell orders are closed when RSI crosses the 30 level). 
//
//    The robot can generate only one Buy or Sell order at any given time.
//
// -------------------------------------------------------------------------------------------------

using System;
using System.Linq;
using cAlgo.API;
using cAlgo.API.Indicators;
using cAlgo.API.Internals;
using cAlgo.Indicators;

namespace cAlgo.Robots
{
    [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class SampleRSIRobot : Robot
    {
        [Parameter("Source")]
        public DataSeries Source { get; set; }

        [Parameter("Periods", DefaultValue = 14)]
        public int Periods { get; set; }

        [Parameter("Stop Loss (pips)", DefaultValue = 10, MinValue = 1)]
        public int StopLoss { get; set; }

        [Parameter("Volume", DefaultValue = 10000, MinValue = 1000)]
        public int Volume { get; set; }

        private RelativeStrengthIndex rsi;

        protected override void OnStart()
        {
            rsi = Indicators.RelativeStrengthIndex(Source, Periods);
        }

        protected override void OnTick()
        {
            if (rsi.Result.LastValue < 30)
            {
                Close(TradeType.Sell);
                Open(TradeType.Buy);
            }
            else if (rsi.Result.LastValue > 70)
            {
                Close(TradeType.Buy);
                Open(TradeType.Sell);
            }
        }

        private void Close(TradeType tradeType)
        {
            foreach (var position in Positions.FindAll("SampleRSI", Symbol, tradeType))
                ClosePosition(position);
        }

        private void Open(TradeType tradeType)
        {
            var position = Positions.Find("SampleRSI", Symbol, tradeType);

            if (position == null)
                ExecuteMarketOrder(tradeType, Symbol, Volume, "SampleRSI");
        }
    }
}
Comments

9607367 - April 01, 2015 @ 05:47

Good robot, but SL is not included, has anyone solved this problem?

mparama - October 28, 2016 @ 04:03

...Stop Loss not working !!!

Please anyone can fix it ???

chris.wandel00 - September 15, 2017 @ 14:28

The stoploss still does not work!

ravirajchenna - December 17, 2019 @ 15:17

STOPLOSS IS OK BUT HOW CAN I ADD TAKEPROFIT  ALSO

Mr4x - April 14, 2020 @ 11:37

Basic adjustment to code to make all parameters configurable, including upper and lower RSI range and stop-loss / take-profit.

// -------------------------------------------------------------------------------------------------
//
//    This code is a cTrader Automate API example.
//
//    This cBot is intended to be used as a sample and does not guarantee any particular outcome or
//    profit of any kind. Use it at your own risk.
//    
//    All changes to this file might be lost on the next application update.
//    If you are going to modify this file please make a copy using the "Duplicate" command.
//
//    The "Sample RSI cBot" will create a buy order when the Relative Strength Index indicator crosses the  level 30, 
//    and a Sell order when the RSI indicator crosses the level 70. The order is closed be either a Stop Loss, defined in 
//    the "Stop Loss" parameter, or by the opposite RSI crossing signal (buy orders close when RSI crosses the 70 level 
//    and sell orders are closed when RSI crosses the 30 level). 
//
//    The cBot can generate only one Buy or Sell order at any given time.
//
// -------------------------------------------------------------------------------------------------

using System;
using System.Linq;
using cAlgo.API;
using cAlgo.API.Indicators;
using cAlgo.API.Internals;
using cAlgo.Indicators;

namespace cAlgo
{
    [Robot(TimeZone = TimeZones.UTC, AccessRights = AccessRights.None)]
    public class SampleRSIcBot : Robot
    {
        [Parameter("Quantity (Lots)", Group = "Volume", DefaultValue = 1, MinValue = 0.01, Step = 0.01)]
        public double Quantity { get; set; }

        [Parameter("Source", Group = "RSI")]
        public DataSeries Source { get; set; }

        [Parameter("Periods", Group = "RSI", DefaultValue = 14)]
        public int Periods { get; set; }

        [Parameter("Lower RSI Level", Group = "RSI", DefaultValue = 30, MinValue = 0, MaxValue = 50)]
        public int LRL { get; set; }

        [Parameter("Upper RSI Level", Group = "RSI", DefaultValue = 70, MinValue = 50, MaxValue = 100)]
        public int URL { get; set; }

        [Parameter("Take Profit in pips", Group = "TP SL", DefaultValue = 100)]
        public int TP { get; set; }

        [Parameter("Stop Loss in pips", Group = "TP SL", DefaultValue = 100)]
        public int SL { get; set; }

        private RelativeStrengthIndex rsi;

        protected override void OnStart()
        {
            rsi = Indicators.RelativeStrengthIndex(Source, Periods);
        }

        protected override void OnTick()
        {
            if (rsi.Result.LastValue < LRL)
            {
                Close(TradeType.Sell);
                Open(TradeType.Buy);
            }
            else if (rsi.Result.LastValue > URL)
            {
                Close(TradeType.Buy);
                Open(TradeType.Sell);
            }
        }

        private void Close(TradeType tradeType)
        {
            foreach (var position in Positions.FindAll("SampleRSI", SymbolName, tradeType))
                ClosePosition(position);
        }

        private void Open(TradeType tradeType)
        {
            var position = Positions.Find("SampleRSI", SymbolName, tradeType);
            var volumeInUnits = Symbol.QuantityToVolumeInUnits(Quantity);

            if (position == null)
                ExecuteMarketOrder(tradeType, SymbolName, volumeInUnits, "SampleRSI", SL, TP);
        }
    }
}

TheMC - February 08, 2021 @ 22:05

Hi,

can anyone enter the trail stop in this bot?

0
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