Logótipo 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
Também poderá gostar de
cBot
forex
ai
indices
+4
QuantumVault
AI-powered trading Algo with highly accurate decision and consistent Forex profits—Set. Forget. Signal. Profit. 💰
cBot
ai
rsi
needThai Premium Official Bot 6
This bot has superb Overbought Oversold Control and i mean Superb!!!! Try Default Setting before making any changes
v1_default
Fully functional algorithmic trading bot. For testing and experimentation, try the free bot option.
Passiv Income
Generates passive income with an annual return of 20–60%. Successfully backtested with historical data from 2015 - 2025.
cBot
breakout
bollinger
xauusd
+3
DMG BEST GOLD BOT
"DMG BEST GOLD" per c Trader Questa strategia multi-indicatore è progettata per il trading su XAUUSD
cBot
prop
xauusd
commodities
prop cbot
Prop trading cBot for XAUUSD – optimized for funded accounts with strict risk management and high-performance execution.
RGN
AlphaQuant Capital
cBot
forex
commodities
stocks
Trading Assistant v1.3.4
Time the market with ease with Trading Assistant Why use Limit Orders when you can time your trades on trend lines?
cBot
ai
rsi
needThaibot with EMA ADX RSI
This Bots come with EMA ADX RSI Strategy for you to Edit
cBot
forex
commodities
rsi
+1
Auto trendline + RSI + Volume Check
N.B.: Results with an initial invested capital of 100 euros.
RiskGuardian_Limits_V2
Set your daily and weekly limits and the bot will block trading once they are reached – simple protection.
Gold Breakout Retest Analyzer (Backtest Edition)
Breakout Retest Analyzer – Backtest Edition Description: Take your trading research to the next level with the Breakout
cBot
indices
rsi
SmartBot-RSI-M1-V2
This Bot using RSI combined with MA, it works with timeframe M1.
cBot
ai
rsi
macd
needThai Live (3)
AI Trade for you, this bot identified the trend before making a decision. Try it for yourself
cBot
forex
ai
indices
+3
needThaiBot for Beginner
Plug and Play, Easy to Use for Beginner Trader and Very Low Risk !! Please Try and ENJOY!!!
cBot
ai
rsi
macd
needThai Premium Official Bot 3
This is one of my Premium Bot , Please Try Default Set Up before change any Strategies and Please ENJOY!! Have Fun!!!
+33,451% IN TWO YEARS, GBPJPY
High-performance GBPJPY trading bot with +33,451% backtest returns, pro-grade signals, and built-in risk control.
cBot
forex
ai
indices
+3
needThaiBot FourPointFive Alternate Version
Alternate Version from a Previous one it will open order differently. pick the one that you like the most to use !!