Logotipo de "DragonRSICbot"
DragonRSICbot
0.0
23/08/2025
0
Desktop, Mobile, Web

DragonRSIcBot automates a simple RSI entry with a controlled martingale/grid recovery:

You can use Free for demo account here https://ctrader.com/products/1713

  • Entry logic (RSI):
    When there are no open grid positions, the bot checks the RSI. If RSI falls below OversoldLevel, it opens a Buy; if RSI rises above OverboughtLevel, it opens a Sell. RSI period and source are configurable.
  • Grid / martingale expansion:
    If a basket is open, the bot measures the adverse move from the last grid position. When price moves at least Step (pips) against that last entry, it adds another position in the same direction. Position sizing follows an exponential lot multiplier:
    lots = Quantity * (LotMultiplier)^(number_of_existing_positions)
    and is capped by Max Lots.
  • Basket exit:
    The entire basket closes once the sum of net P/L across all grid positions reaches Target Profit (in account currency).
  • Risk controls:
    • Max Spred: blocks new entries if current spread exceeds the limit.
    • Stop Equity: if account equity drops below this level, the bot closes all positions and stops.
    • Insufficient funds: if a new order fails with NoMoney, the bot stops adding to the grid.
  • Parameters (key):
    • Volume: Quantity (Lots)
    • RSI: Source, Periods, Overbought Level, Oversold Level
    • Martingale/Grid: Use Martingale (on/off), Step (pips), Target Profit, Lot Multiplier
    • Risk: Stop Equity, Max Lots, Max Spred
    • Misc: Label (used to group positions)
  • Implementation notes:
    • Positions are labeled and filtered by symbol + label to manage the basket cleanly.
    • Distance to trigger the next grid leg is computed in pips from the last position’s entry price to current Bid/Ask (direction-aware).
    • All basket operations use total NetProfit aggregation.
  • Usage tips & cautions:
    • Martingale and grids can incur rapid drawdowns—set Stop Equity, Max Lots, and Step (pips) conservatively and test on a demo first.
    • Choose RSI levels that fit the symbol and timeframe; common starts are 30/70 with 14 periods.
    • Keep Max Spred tight on volatile or exotic symbols to avoid poor fills.
    • The Label lets you run multiple instances on different symbols or settings without interference.

Disclaimer: Grid/martingale strategies carry substantial risk. Use at your own discretion and always validate settings on historical data and in demo before going live.

More from this author
DragonNewsBot
This is a fully automated news-driven trading robo
cBot
commodities
xauusd
DragonGoldEAProNet6
Dragon GOLD EA, uses trade gold with good profit, minimum balance is 3000$ with lot 0.01, on M5 bar with gold pair
BTCScalpingNet6Demo
Demo version of https://ctrader.com/products/318
cBot
martingale
scalping
DragonScalpingProV2
Scalping bot with profit  400% per year
cBot
scalping
DragonScalpingProV2Demo
The demo version of Scalping bot https://ctrader.com/products/257
cBot
forex
eurusd
DragonMoneyForexNet6
This production version of Dragon Money Forex Pro
cBot
eurusd
martingale
usdjpy
FibonacciScalperNet6Demo
This Version only supports Demo accounts or Backtest Please Download the pro version at https://ctrader.com/products/312
cBot
commodities
xauusd
DragonGoldEAPro_SELLNet6
Dragon GOLD EA uses trade gold with good profit, the minimum balance is 3000$ with lot size 0.01, SELL
cBot
xauusd
commodities
DragonGoldEAProNet6Demo
Demo version of https://ctrader.com/products/315
DragonXAU2V2
GOLD Trade Free Demo at https://ctrader.com/products/1729
cBot
forex
eurusd
DragonMoneyForexNet6Demo
Demo version of https://ctrader.com/products/298
cBot
eurusd
martingale
usdjpy
FibonacciScalperNet6
Free Demo Version here https://ctrader.com/products/313
cBot
commodities
xauusd
DragnGoldEAPro_SELLNet6Demo
Dragon GOLD EA uses trade gold with good profit, the minimum balance is 3000$ with lot size 0.01, SELL on demo account.
DragonGridCbot
cTrader cBot that implements a grid trading strategy, free demo account at https://ctrader.com/products/1656
DragonXAU2V2Demo
GOLD trade Real Accout at https://ctrader.com/products/1728
BTCScalpingNet6
BTC m1 H1 Scalping
DragonRSIcBotDemo
DragonRSIcBot is an RSI-driven grid/martingale cBot
GragonGridCbotDemo
Demo for bot https://ctrader.com/products/1655
Puede interesarle
cBot
forex
ai
martingale
+3
AI cBOT PRO
AI cBOT Trading Bot for cTrader – Precision. Safety. Excellence.
cBot
bollinger
prop
atr
+1
MRev2
**MRev2: 200–300% yearly returns with 20% max drawdown. RSI-based smart bot for stable, automated trading.**
cBot
indices
COBRA BOT DAILY 2 PERCENT VENOM
my contact whatsapp for Demo +918308669007
Trade Manager Pro ⚡
The Trade Manager Pro ⚡ allows traders the ability to move all of the TP's or SL's at once and much more!!!
cBot
commodities
xauusd
DragonGoldEAPro_SELLNet6
Dragon GOLD EA uses trade gold with good profit, the minimum balance is 3000$ with lot size 0.01, SELL
cBot
forex
indices
prop
+1
AlgoVisionCrafter V2 (AVC)
Your Ultimate Trading Ally Unlock smarter trading with AlgoVisionCrafter V2 (AVC).
DragonXAU2V2
GOLD Trade Free Demo at https://ctrader.com/products/1729
cBot
eurusd
grid
DistEMATrendBot1.1
A trend following cBot using moving averages, ADX, and least squares regression to identify and extrapolate a trend.
cBot
forex
ai
indices
+3
needThaiBot FourPointFive
Improved Version Faster and More Efficiency, Please Try Default Setting Before Running an Optimisation Feature, ENJOY!!
cBot
supertrend
xauusd
commodities
+2
PTFX Supertrend Gold
Dominate gold markets with PTFX Supertrend Gold – Backtested with +816% ROI!
EURCAD 30m
FUNCTNIONG EURCAD cBOT LIVE TRADING, CUSTOMISABLE AND PROFITABLE
JPY FXPAIRS
FULLY CUSTOMISABLE AND PROFITABLE cBOT LIVE TRADING ONLY JPY FX PAIRS
cBot
ai
rsi
macd
needThai Smart Bot with Margin Control
Upgrade with Better Open Positions, Please try default setting before making any changes !!
cBot
forex
crypto
stocks
Day Break PA
Trades breakouts above/below prior day's high/low with EMA filter. Uses trailing stops & time exits.
cBot
prop
xauusd
commodities
+3
GOLD RAIDER ADVANCED v 1.0
📉 Gold Raider - Proprietary Multi-Factor Algorithmic Momentum Strategy
cBot
ai
rsi
macd
needThai Premium Official Bot 1
Please Try the default set up before changing Strategy , This is one of my premium bot
US100 macd 1
NASDAQ - US100 4H TREND
DMG VELOCITY C BOT
Questo C BOT misura la velocità del prezzo (price velocity) tramite la differenza tra le chiusure delle ultime N barre