At this time, purchasing EASY Bot items is not available to all members. Read more - how to get access to purchase
-
- Trading Robots
- Metatrader 5
- Automated Trading
- Rosaline
Rosaline
Easy Rating: 5/2
MQL Rating: 5/4
Type:
Live
Leverage:
100
Deposit:
1298$
Balance:
1475.3$
Profit:
177.3$
Withdrawal:
0$
Update: 11 Nov 2024
12000
4586.01
Live
FusionMarkets-Live
22 Nov 2024, 10:03
E
NotifyMe for MT5
reviewed by Elias von Kohler
I'm thoroughly impressed with NotifyMe for MT5! The trading system performs seamlessl...
G
Pivot Levels of Day Or Week Or Month
reviewed by George Desjardins
I've been using the Pivot Levels of Day Or Week Or Month system for a while now, and ...
G
History Data Export Recorder
reviewed by George Desjardins
As someone who takes strategy testing seriously, History Data Export Recorder has bee...
E
Shooting Star pattern mr
reviewed by Elias von Kohler
As a trader always on the lookout for reliable tools, the Shooting Star pattern tradi...
Overview
Ever wondered if there’s a trading robot that could make you rich while you sip cocktails on a beach? Well, Rosaline might not be your golden ticket to paradise, but it sure packs a punch with its RSI, Bollinger Bands, and ATR strategy. Just don’t forget to optimize it – this isn’t a ‘set and forget’ deal. User reviews are glowing, but remember, even the shiniest reviews need a bit of polish. Dive into our comparative analysis to see how Rosaline stacks up against the competition. And hey, don’t forget to thank the FxRobotEasy Team for this deep dive – we’re here to make your trading journey a tad bit easier. Now, go on, give Rosaline a whirl and let us know if it makes you a believer!
Unveiling Rosaline: The Strategy Behind the Magic 🎩
Rosaline is a trading robot that combines the power of RSI, Bollinger Bands, and ATR to create a refined strategy primarily targeting Gold, EU, and OJ. One of its standout features is the manually settable ‘equity protect,’ which acts as a safety net against drawdowns. This feature is particularly useful for traders looking to pass trading challenges, as it adheres to the classic daily drawdown rule. For instance, on a 100k account, you can set a hedge at -4%. If the EA reaches that floating loss, it shuts everything down and restarts the next day. This ensures that your capital is protected, making it a reliable choice for both novice and experienced traders. 🛡️
Another notable aspect of Rosaline is its flexibility in strategy execution. You can choose to trade using only RSI, only Bollinger Bands, or both for double confirmation. The stop loss can be fixed or open with multiple fixed or martingale positions, depending on your risk appetite. Similarly, the take profit can be fixed for more swing activity on medium/high timeframes or wide with tight lockprofit and trail stops for scalping. This versatility allows traders to customize the EA to fit their trading style, whether they prefer swing trading or scalping. However, it’s essential to note that Rosaline is not a ‘copy and paste’ EA. After downloading, you need to perform a ‘slow’ optimization of the last quarter on the instrument you want to use, such as XAU, EU, or GU. This involves backtesting every parameter, from pip steps to RSI settings, over a 3-month period with a 1/3 forward test. This meticulous approach helps in finding the best settings for your trading style, ensuring optimal performance. 📊
Optimizing Rosaline: Your Path to Trading Success 🛠️
Rosaline demands a meticulous approach to optimization, unlike some ‘set and forget’ EAs. The process involves a ‘slow’ optimization for the last quarter on your chosen instrument, whether it’s XAU, EU, or GU. This isn’t a quick task; it requires backtesting every parameter, from pip steps to RSI settings, over a 3-month period with a 1/3 forward test. This detailed method ensures that you find the best settings tailored to your trading style, maximizing the EA’s potential. 🕰️
This rigorous optimization process is akin to fine-tuning a high-performance engine. You wouldn’t expect a race car to perform at its best without proper adjustments, and the same applies to Rosaline. The backtesting phase allows you to simulate different market conditions and identify the most effective settings. This is crucial for traders who want to leverage Rosaline’s full capabilities. By dedicating time to this process, you can significantly enhance your trading outcomes, making it a worthwhile investment for serious traders. Additionally, this approach aligns well with forex trading signals, helping you stay ahead in the volatile forex market. 📈
User Reviews: The Good, The Bad, and The Profitable 📈
User reviews for Rosaline are generally positive, highlighting its simplicity and effectiveness. Niccolo Tirelli, for instance, praised the bot for its ease of configuration and the variety of strategies it offers. He also appreciated the support provided, which is crucial for any trader looking to maximize the EA’s potential. This aligns with the broader sentiment in the trading community that a responsive and knowledgeable support team can significantly enhance the user experience. However, it’s essential to approach these glowing reviews with a critical eye. While the feedback is overwhelmingly positive, it’s always wise to conduct your own due diligence and verify the claims through personal testing. 🧐
Fabio Erico Verzelloni echoed similar sentiments, emphasizing the ability to backtest and modify parameters to suit individual trading needs. This flexibility is a significant advantage, allowing traders to tailor the EA to their specific strategies and risk tolerance. However, it’s worth noting that no trading system is foolproof. Even with the best settings, market conditions can change, and what worked yesterday might not work tomorrow. Therefore, it’s crucial to stay vigilant and continuously monitor the EA’s performance. This approach aligns well with forex trading strategies, ensuring that you remain adaptable in a constantly evolving market. 📊
Comparative Analysis: Rosaline vs. The Competition ⚔️
When comparing Rosaline to other EAs like Advanced Japanese Trend MT5 and Ilaria, the differences are stark. Rosaline leverages a combination of RSI, Bollinger Bands, and ATR, making it versatile across various market conditions. In contrast, Advanced Japanese Trend focuses solely on EURJPY with a breakout strategy, which can be limiting if the market isn’t trending. Ilaria, on the other hand, employs a mix of SMC tactics and grid money management, which can be risky due to its inherent exposure to large drawdowns. Rosaline’s unique ‘equity protect’ feature is a game-changer, offering a safety net that the others lack. This makes it particularly appealing for traders who prioritize capital preservation. 🛡️
However, it’s essential to manage expectations. No EA, including Rosaline, is a magic bullet. While its equity protect feature provides a layer of security, it doesn’t eliminate risk entirely. Market conditions can be unpredictable, and even the best strategies can falter. Therefore, it’s crucial to remain vigilant and continuously optimize your settings. This approach is in line with effective forex trading strategies, ensuring that you stay adaptable and resilient in a volatile market. Remember, the key to successful trading is not just the tools you use but how you use them. 📊
Meet the FxRobotEasy Team: Your Trading Allies 🤝
We, the FxRobotEasy Team, are dedicated to helping traders make informed decisions. Our comprehensive range of services includes Forex, crypto, and stock forecasts, ensuring you have the insights needed to navigate various markets. We pride ourselves on providing honest broker and trading system ratings, which are crucial for making well-informed choices. Our large trader forum is a vibrant community where you can share experiences, strategies, and tips with fellow traders. Additionally, our Telegram channels offer timely trading signals, keeping you updated on market opportunities. 📈
We invite you to share your thoughts on Rosaline and download free code samples to explore its potential. Our goal is to empower you with the tools and knowledge needed for successful trading. Whether you’re a novice or an experienced trader, our resources are designed to enhance your trading journey. By leveraging our services, you can stay ahead in the ever-evolving forex market. Remember, trading is not just about the tools you use but also about staying informed and adaptable. Join our community and take advantage of the wealth of information and support we offer. 🌐
Rosaline
forexroboteasy.com
Write review
Bill BullHawk McDonough
1 review
Rosaline Trading System: A Game Changer
I've been using Rosaline for a while now and it's been a game changer for me. Its unique feature of allowing you to set your own parameters is truly empowering, enabling you to manage your exposure to risk based on your personal preferences. The support from the team is also commendable. They have a YouTube channel and a Telegram channel where they provide explanations and support, a testament to their commitment to customer satisfaction. Their YouTube channel goes by the name RosalineFx. They also have a public Telegram channel which can be accessed through the link they provide under each of their videos. Rosaline is a tool I would highly recommend to anyone with a desire to learn and to set up their bot to operate in any way they see fit. Needless to say, it works. Plus, the rental options and the free trial offer a chance for anyone to try it out without breaking the bank. All in all, I'm just a happy customer about to join the military (quote XD). Give it a shot, you won't regret it.
Sara Takahashi
1 review
Exceptional EA with Outstanding Support
I've been utilizing the Rosaline EA for a considerable period now, and I must say it performs exceptionally well. The flexibility to backtest and tweak parameters to match my trading strategies is fantastic. Simone's prompt and helpful responses have made my experience even better. The results I've achieved so far have surpassed my expectations, and I highly recommend this EA to any trader. Kudos to Simone for the excellent work!