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Trading product for RSI Simple Grid cBot cBot Signal Indices, image 1
RSI Simple Grid cBot
cBot
Tested on FP Markets
Version 1.0, Mar 2026
Windows, Mac, Mobile, Web
5.0
Reviews: 2
8
Purchases
26.8%
ROI
4.41
Profit factor
0.29%
Max drawdown
Trading product for RSI Simple Grid cBot cBot Signal Indices, image 2
Trading product for RSI Simple Grid cBot cBot Signal Indices, image 3
Trading product for RSI Simple Grid cBot cBot Signal Indices, image 4
98
Sales
182
Free installs

Description

Examples:
RSI Simple Grid cBot - EURUSD - m5 - from 01.01.2025 to 01.01.2026


RSI Simple Grid cBot is a trading robot that combines grid trading strategy with RSI (Relative Strength Index) signals. The bot opens a grid of positions when RSI enters the oversold or overbought zone, then adds new positions at equal pip intervals as the market moves against the initial position. The entire grid is automatically closed once the defined profit target is reached.

The bot offers five direction modes, automatic state recovery after platform restart, and protection against opening positions when account funds are insufficient.


Direction - Defines which direction the bot opens grid positions.

Long — Buy grids only, triggered when RSI drops below the oversold level.

Short — Sell grids only, triggered when RSI rises above the overbought level.

Long_or_Short — one grid at a time in either direction. A new grid can only be opened after the previous one is closed.

Both_at_once — both grids (Buy and Sell) can run simultaneously. If no grid is active, the first RSI signal launches both sides at once.

Trigger_side — both grids can run simultaneously, but each requires its own RSI signal (oversold → Buy, overbought → Sell).

Volume (lots) - Size of each position in the grid expressed in lots. All positions share the same volume — the bot does not apply a multiplier.

Step (pips) - Distance in pips between consecutive grid positions. When the price moves away from the last position by this value, the bot opens another position.

Target Profit - Net profit target (in account currency) for the entire grid. Once reached, the bot closes all positions in that direction and waits for the next RSI signal.

Source - Data source for RSI calculation. Default is the closing price (Close).

Periods - RSI period — the number of bars used in the calculation. Default is 14 (Wilder's classic setting).

Oversold Level - RSI oversold level. A drop below this value generates a Buy signal. Default is 30.

Overbought Level - RSI overbought level. A rise above this value generates a Sell signal. Default is 70.

Summary

AI summary
RSI Simple Grid cBot is an automated trading robot that implements a grid trading strategy based on Relative Strength Index (RSI) signals. It opens a grid of positions when the RSI enters oversold or overbought zones, adding new positions at fixed pip intervals as the market moves against the initial trade. The entire grid is closed automatically once a predefined profit target is achieved.

Key features include five selectable direction modes for grid opening: Long (buy grids triggered by RSI oversold signals), Short (sell grids triggered by RSI overbought signals), Long_or_Short (one grid at a time in either direction), Both_at_once (simultaneous buy and sell grids triggered by the first RSI signal), and Trigger_side (both grids run simultaneously but require individual RSI signals). The bot supports fixed lot sizing without volume multipliers and includes automatic state recovery after platform restarts. It also prevents opening positions if account funds are insufficient.

RSI parameters such as period, oversold, and overbought levels are configurable, with defaults set to 14 periods, 30 for oversold, and 70 for overbought. The bot operates on standard market order types and is suitable for various markets including Forex, indices, commodities, and cryptocurrencies. It supports high-frequency swing trading on 5-minute charts and includes risk management tools like equity stop and maximum drawdown protection.
Trading profile
Trading style
Swing trading
Strategy type
Grid
Analysis type
Algorithmic
Trade frequency
High
Min recommended balance
$100
Risk per trade
100%
Chart period
5 minutes
Backtesting leverage
1:500
Daily drawdown limit
5%
Prop firm rule fit
Risk management
Risk model
Fixed lot
Supported order types
Market
Max quantity (lots)
2000
Supported risk controls
Equity stop loss
Max drawdown limit

Customer reviews

5.0
Reviews: 2
5
100 %
4
0 %
3
0 %
2
0 %
1
0 %
Customer reviews
March 21, 2026
March 16, 2026

Discussion

FAQ

Signal
Indices
Commodities
GBPUSD
RSI
Bollinger
Fibonacci
Scalping
AI
XAUUSD
NAS100
MACD
BTCUSD
Forex
Breakout
EURUSD
NZDUSD
Martingale
Prop
ZigZag
Supertrend
Fair Value Gap
SMC
Crypto
Grid
Stocks
ATR
USDJPY
VWAP
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.

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Price

98
Sales
182
Free installs