"DragonRSIcBotDemo" logo
cBot
184 downloads
Version 1.0, Aug 2025
Windows, Mac, Mobile, Web
5.0
Reviews: 1
"DragonRSIcBotDemo" uploaded image
"DragonRSIcBotDemo" uploaded image
70.23M
Traded volume
588.1K
Pips won
53
Sales
3.24K
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
BTCUSD
Crypto
+1
Demo version of https://ctrader.com/products/318
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
cBot
Grid
Forex
+9
The demo version of Scalping bot https://ctrader.com/products/257
cBot
Grid
Forex
+9
Scalping bot with profit  400% per year
cBot
Forex
BTCUSD
+8
This is a fully automated news-driven trading robot
cBot
RSI
Grid
+5
This production version of Dragon Money Forex Pro
cBot
Grid
XAUUSD
+3
Demo version of https://ctrader.com/products/315
cBot
Grid
XAUUSD
+2
GOLD Trade Free Demo at https://ctrader.com/products/1729
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
EURUSD
+3
Free Demo Version here https://ctrader.com/products/313
Indicator
ATR
RSI
+13
The TrendFibonacci indicator is a powerful tool for traders, combining Fibonacci retracement levels
cBot
Grid
XAUUSD
+1
Dragon GOLD EA uses trade gold with good profit, the minimum balance is 3000$ with lot size 0.01, SELL

You may also like

cBot
Prop
Forex
+11
Companion executor for TradeCommand: receives orders via LocalStorage, executes trades, and manages plan-driven batches.
cBot
AUTOEXIT BOT: SL de Seguridad y Trailing Stop para Trades Manuales, diseñado para gestionar automática de salidas.
cBot
ATR
NAS100
+5
A trading robot designed for traders who want precision for high-volatility markets (XAUUSD, US500, US100, WTI, others.)
cBot
AI
ATR
+27
Overnight trades? Pc needs shut down? Sleep disruption from alerts? Could have avoided Loss with BE Partial Monitored ?
cBot
ATR
Forex
EMA-Crossover-Bot mit ADX-Filter:Trend-Trading mit ATR-basiertem Risikomanagement und Trailing Stop.
cBot
AI
SMC
+18
cTrader Trade Copier - copies trades to other cTrader accounts
cBot
AI
ATR
+19
FREE Beta Test Version , World First AI Trading Bot , Adjust to suit your own strategy and risk management PLEASE ENJOY!
cBot
RSI
Grid
+13
RSI Grid System with 200 EMA filter combining momentum, grid distance, and trend alignment for precision entries.
cBot
Grid
Martingale
This is a basic martingale bot without an indicator. For long and short trading options at the same bot.
cBot
Grid
Forex
+9
This tool will help you spread your trades very quickly with a few clicks
cBot
AI
Grid
+4
Copy Here =>https://ct.spotware.com/copy/strategy/107505 Purchase=> https://ctrader.com/products/2022?u=GauchoHood
cBot
Forex
EURUSD
+4
Tesss Implementing price structure analysis in Renko charts
cBot
Prop
Forex
+11
Manage trades visually! Secure profits with Auto Partials & Trailing Shield. Works on all cTrader markets.
35.2%
ROI
4
Profit factor
0%
Max drawdown
cBot
EURUSD
Bollinger
Turn $1,000 into $24,000+ 📈 This algorithmic cBot generated 2,300% ROI in under 2 years on EURUSD.
cBot
AI
Grid
+4
Where Algorithmic Precision Meets Gold’s Volatility. AI-Powered Gold Trading Algorithm for cTrader.
cBot
Forex
XAUUSD
+2
Trading System che apre le operazioni al cross di una SMA Trading System that opens trades when an SMA crosses.
cBot
Usa la versión beta y aporta toda la retro alimentación mientras mejoramos el Bot. Apoya pagando por la versión premium!
70.23M
Traded volume
588.1K
Pips won
53
Sales
3.24K
Free installs