Advanced Rsi Grid Hedge

Find the Right Edition That Fits You

Scalperology Ai MT5

Global

Pairs:

AUD/JPY

AUD/USD

EUR/AUD

EUR/GBP

EUR/JPY

EUR/NZD

EUR/USD

GBP/USD

NZD/USD

USD/CAD

USD/CHF

USD/JPY

30-Day Profit: 144.9%

7-Day Profit: 144.9%

Support: 24х7 via Telegram

Get EA🏆

Breakopedia Ai MT5

Global

Pairs:

AUD/JPY

AUD/USD

EUR/AUD

EUR/GBP

EUR/JPY

EUR/NZD

EUR/USD

GBP/USD

NZD/USD

USD/CAD

USD/CHF

USD/JPY

XAU/USD

XAG/USD

XBT/USD

30-Day Profit: 45.34%

7-Day Profit: 38.65%

Support: Developer

Get EA🏆

Overview of Advanced Rsi Grid Hedge

Expert advisor aimed at identifying market reversals in overbought or oversold zones while trending with the major market direction.

Utilizes a grid hedging system, meaning it can open positions at different levels to manage risk effectively. 🚀

Not reliant on martingale strategies, thus minimizing the risk associated with increasing trade sizes when losses occur.

Core Components

Employs two RSI indicators to generate entry signals, maximizing market entry precision.

Incorporates a trend filter to ensure that trades are aligned with the prevailing market direction, enhancing overall trade success.

Configurable settings allow traders to adjust critical parameters such as maximum drawdown limits and spread filters for optimal performance.

Key Settings and Parameters

Max Drawdown Percentage: Automatically closes all positions and locks the EA if the specified drawdown is exceeded.

LotStep Setting: Configured based on account balance, allowing for flexible lot sizes according to available equity.

GridStep: Defines the distance between grid orders against the trend, leading to better control in volatile markets. ⏳

Timeframe settings for both primary and secondary RSI indicators provide tailored approaches for various trading styles.

Recommended Trading Conditions

Best suited for pairs such as GBPUSD, AUDUSD, and CHFJPY, particularly within a trading context that allows for low spreads and quick order execution.

Optimal to apply the strategy on higher timeframes like H1 for improved accuracy and reduced noise.

Traders should prepare for potential drawdowns, as the approach may involve holding multiple open trades during sideways market conditions.

User Reviews and Performance Feedback

Consistent positive ratings highlighting ease of use and effectiveness in managing trades.

Users appreciate the lack of a martingale approach, finding it a safer alternative for trading amid market fluctuations.

Feedback indicates satisfaction with the grid hedging capabilities, particularly during volatile market periods, leading to smoother recovery strategies.