Aklamavo RSI Crossover Advanced Robot

Aklamavo RSI Crossover Advanced Robot

This EA is an RSI Crossover Trading System with advanced position management features. This is not one of those EAs with fake/manipulated test results out there. RSI Crossover Advanced Robot is robust and suitable for traders who want automated RSI-based trading with professional-grade position management. It's particularly useful in trending markets where RSI signals can provide reliable entry and exit points.

Recommended settings tested with 1HR timeframe using ICMarkets Tickers on 1 year and years historical data:

RSI - Period=3.  USTEC, XLK, QCOM, MSFT, USDJPY, EURGBP, BAC, AUDUSD, AUDJPY.

RSI - Period=10.  USDJPY, APPL, TSLA, EURUSD, USDCHF, BAC, XLK, USDCAD.

RSI - Period=18.  USTEC, USDJPY, AUDJPY, BAC, XLK, USDCAD, EURGBP, USDCHF.

RSI - Period=21.  USTEC, USDCAD, EURGBP, GBPUSD, XLK.

The 3rd setting: RSI_FIXED_LEVELS has most profitable percentage of over 70% on USTEC(NASDAQ)

Core Trading Strategies

1. Single RSI Strategy

• Entry: Opens BUY when RSI > Middle Level (default 50), SELL when RSI < Middle Level

• Exit Options:

  • Exit when opposite signal appears (RSI crosses to opposite side)

  • Exit when RSI crosses the middle level (50)

2. Dual RSI Crossover Strategy

• Entry: Opens BUY when Fast RSI crosses above Slow RSI AND both are above Middle Level (50)

• Exit: Opens SELL when Fast RSI crosses below Slow RSI AND both are below Middle Level (50)

• More conservative than single RSI as it requires two confirmations

3. RSI Fixed Levels Strategy:

• Entry/exit based on predefined RSI levels (48/52 for entry, 32/68 for TP, 44/56 for SL)
  

• For Fixed Levels: BUY at RSI > 52, SELL at RSI < 48

Key Features:

Position Management

1. Stop Loss & Take Profit: Configurable in points

2. Trailing Stop System:

   • Can activate immediately or after reaching a percentage of TP distance

   • Adjustable trailing distance and step size

   • Optional breakeven stop activation

3. Advanced SL Adjustment:

   • Can adjust original SL when trailing activates (e.g., move to breakeven)

   • Option to lock adjusted SL so trailing doesn't move it further

4. Re-entry System:

   • After TP is hit, waits for candle to close above/below TP price before re-entering

   • Only re-enters if RSI remains in same direction

   
   
5. Added Manual Confirmation Settings:

   • ShowTradeAlerts: Enable/disable popup alerts

   
   

   • RequireManualConfirmation: Enable/disable manual confirmation

   
   

   • SendEmailAlerts: Send email notifications

   
   

   • SendPushNotifications: Send push notifications

T rading Scope Control

• Can trade on all charts or limit to only the current chart's symbol/timeframe

• Useful for running multiple instances without interference

Exit Behaviors

• Configurable exit triggers based on RSI signals

• Can exit on opposite signals or middle crosses

Risk Management

• Magic number for trade identification

• Configurable lot size

• Point-based SL/TP calculations

• Trade commentary for easy tracking

Use Cases

1. Trend Following: Single RSI above/below 50 for trend identification

2. Momentum Trading: Dual RSI crossover for confirmed momentum shifts

3. Multi-Chart Trading: Can run on multiple pairs with CURRENT_CHART_ONLY setting

4. Automated Risk Management: With trailing stops and SL adjustments