Trading product for DragonRSIcBotDemo cBot Forex Scalping, image 1
cBot
240 downloads
Version 1.0, Aug 2025
Windows, Mac, Mobile, Web
5.0
Reviews: 1
Trading product for DragonRSIcBotDemo cBot Forex Scalping, image 2
Trading product for DragonRSIcBotDemo cBot Forex Scalping, image 3
70.35M
Traded volume
588.54K
Pips won
59
Sales
4.04K
Free installs

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

Real Account Bot at https://ctrader.com/products/1712

  • 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.

Trading profile
5.0
Reviews: 1
5
100 %
4
0 %
3
0 %
2
0 %
1
0 %
Customer reviews
September 24, 2025
🧐
Forex
Scalping
EURUSD
GBPUSD
NZDUSD
RSI
Grid
XAUUSD
Martingale
USDJPY
Products available through cTrader Store, including trading bots, indicators and plugins, are provided by third-party developers and made available for informational and technical access purposes only. cTrader Store is not a broker and does not provide investment advice, personal recommendations or any guarantee of future performance.

More from this author

cBot
Forex
BTCUSD
+8
This is a fully automated news-driven trading robot
cBot
Grid
XAUUSD
+2
Dragon GOLD EA, uses trade gold with good profit, minimum balance is 3000$ with lot 0.01, on M5 bar with gold pair
1.06
Profit factor
cBot
BTCUSD
Crypto
+1
Demo version of https://ctrader.com/products/318
cBot
Grid
Forex
+5
Scalping bot with profit  400% per year
cBot
Grid
Forex
+5
The demo version of Scalping bot https://ctrader.com/products/257
cBot
Grid
XAUUSD
+2
GOLD Trade Free Demo at https://ctrader.com/products/1729
cBot
Grid
XAUUSD
+3
Demo version of https://ctrader.com/products/315
cBot
RSI
Grid
+5
This production version of Dragon Money Forex Pro
cBot
Forex
EURUSD
+3
This Version only supports Demo accounts or Backtest Please Download the pro version at https://ctrader.com/products/312
cBot
Grid
XAUUSD
+1
Dragon GOLD EA uses trade gold with good profit, the minimum balance is 3000$ with lot size 0.01, SELL
cBot
Grid
XAUUSD
+4
GOLD trade Real Accout at https://ctrader.com/products/1728
cBot
Grid
EURUSD
+3
Free Demo Version here https://ctrader.com/products/313

You may also like

cBot
Martingale
The Range Bar Strategy uses candlestick shadow conditions and a Martingale system for precise trade entries and sizing.
cBot
AI
SMC
+9
AutoBreakeven Pro – Smart automatic breakeven tool by Stop Loss Ratio
0.01
Profit factor
cBot
CHOCH
SL Manager
+1
Trade with clarity. Protect your capital. Let Risk Manager enforce the rules.
cBot
SMC
Prop
+12
Risk On Trade | Auto Position Size Calculator | Risk & Reward Tool | Auto Lot Size Calculator
cBot
RSI
Grid
+5
This production version of Dragon Money Forex Pro
cBot
Aggressive
Key Levels
+1
Grid key Level fast Clickers for XAUUSD only
cBot
GBPUSD
Indices
fixed bug
cBot
ATR
Grid
+3
QuantumLimit - XAUUSD/BTCUSD - up to 100 000 %+ cumulative ROI
cBot
AI
Stocks
+1
Advanced Automated SPX Algorithmic Trading System
4
Profit factor
cBot
Automatiza tus operaciones con esta estrategia de cruce de medias móviles exponenciales (EMAs). EMA Crossover Pro.
cBot
RSI
Forex
+6
Low drawdown RSI Forex Bot for EURUSD & GBPJPY. Starts from $20 with projected 50%+
cBot
ATR
No Overtrading
+3
Intelligent negotiations and analysis Voice-based price action !Limited time offer!
21.2%
ROI
3
Profit factor
cBot
ATR
SL Manager
+3
Este cBot está diseñado para operar rupturas de rango en BTCUSD con una logica simple
49.6%
ROI
1.44
Profit factor
cBot
Grid
EURUSD
+2
EURUSD RE5 PROFITABLE SINCE 2014 # MINIMUMN STARTCAPITAL 150,- EURO
cBot
AI Trading
Intelligent Automated Trading (Gold, Forex, commodities)
1.97
Profit factor
cBot
Forex
NAS100
+5
Session-based trading bot with intelligent trailing stops. Captures Asia range, trades London/NY breakouts
8.86
Profit factor
cBot
Forex
Crypto
+5
Professional execution engine for the Visual Risk Terminal. Instant batch orders, PnL syncing, and automated hedging.
1
Profit factor
cBot
Grid
Forex
+9
This tool will help you spread your trades very quickly with a few clicks
70.35M
Traded volume
588.54K
Pips won
59
Sales
4.04K
Free installs