Description

Entry using the RSI indicator

RSI is an oscillator-based indicator that helps identify overbought and oversold conditions in the market.
Usually used for contrarian entries, this EA uses it to trade in the direction of the trend.

Trading strategy

This EA will not hold grid positions for a long time.

This EA focuses on trading according to trends.

Each position has a fixed stop loss and take profit value of 100 pips.
The trading strategy is very simple to avoid over-optimization.
The entry decision uses only the RSI indicator.

Lot size adjustment system

This EA aims to maximize account profits by flexibly adjusting lot size and quickly recovering losses.
This EA does not use a simple martingale method that doubles the lot size.
However, in order to recover past losses quickly, adjust the lot size and trade.
If consecutive losses occur, a significant drawdown may occur.