RSI Divergence Trader Pro V1.3 EA Robot Fx +No Bugs + Unlimited License (MT4)

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RSI Divergence Trader Pro V1.3 EA Robot Fx +No Bugs + Unlimited License (MT4)

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Archive : RSI Divergence Trader Pro V1.3 EA Robot Fx +No Bugs + Unlimited License (MT4)

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RSI Divergence Trader Pro Fx Robot EA Fx EA – Designed primarily for beginner traders.
The proper SETTING is the most important key in determining whether your EA will benefit or lose.

We supply you with all of the necessary data and EA to ensure that your EA is profitable!!

Overview:

I feel that the RSI is the greatest indicator available, and a divergence on the RSI is usually a strong signal of a solid entry. But what if the trend remains strong after the entry? How can you find the finest and most profitable RSI divergences? These were my concerns when I first began working on this EA.

First and foremost, I’d want to define two concepts. The first is “signal,” which I refer to as the RSI peak, and the second is “entry,” which I refer to as the actual start of a trade when the divergence is present.

So here are some of my responses to the questions in the first paragraph:

– To select the appropriate signals:

– Filter using RSI values

– Price Action Filter – the signal should only come after X points have already been traveled, because divergences tend to occur towards the conclusion of a trend.

– Filter based on ADX values – ADX may be used in addition to RSI as an extra indicator.

– Cancel the signal if a counter-signal comes – you cannot have a purchase and a sell signal at the same time. The trend will either rise or fall.

– To choose the appropriate entry:

– Establish the minimum and maximum distances from the signal in terms of time and price difference.

– Price Action Filter – purchase only if price is in the lower Y percent of the previous Z bars = buy low, sell high

– Filter using ADX +DI and -DI values, or ADX divergences.

– Only input if there is a divergence over many timeframes.

– Order administration:

– Exit transactions with a predetermined take profit or depending on a divergence in a different direction (DTP – dynamic take profit)

– Fixed or trailing stop loss

• Calculation of lot size automatically

– Use a grid to manage your trades.

– Change the size of the lot.

– Change the spacing between grid entries.

– In the event that something goes wrong:

– Lock transactions after a specific percentage of drawdown

– After locking, the EA can continue to hunt for divergences on the same or a different period and utilize the new profit to close the loss partially.

– Alternatively, employ a fixed or trailing stop-loss.

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RSI Divergence Trader Pro V1.3 EA Robot Fx +No Bugs + Unlimited License (MT4)

$29.00