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Bollinger Bands Width indicator - fixing BB shortcomings

Bollinger Bands Width indicator - fixing BB shortcomings

September 5, 2023

Bollinger Bands or Bollinger Bands (BB) is a channel indicator that has a serious drawback. It

Bulls and Bears power indicators - who is stronger in the market

Bulls and Bears power indicators - who is stronger in the market

September 5, 2023

The movement of quotes is a struggle between buyers and sellers, trying to push the price in on

Chande Kroll Stop indicator - a tool for setting stops

Chande Kroll Stop indicator - a tool for setting stops

September 5, 2023

Most indicators are used to search for signals to enter the market, a preliminary analysis of h

CAP RSI Trade EA MT4 trades using the RSI Indicator. It offers many customizable RSI trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [ Most Popular Product | List of FREE Product | Installation Guide | Update Guide | Submit Your Problem | All Products ]

  • Easy to use and customizable RSI setting.
  • Enable Grid trading.
  • Customizable break-even, SL, TP and trailing-stop
  • Works for ECN/Non-ECN brokers
  • Implements a martingale features
  • Customizable indicator settings
  • Filter trading by forex sessions
  • Built-in money management
  • Built-in news filter. EA automatic download news data from news website.

The EA implements the following entry strategies, that can be enabled or disabled at will:

  • Trade when the RSI Indicator is oversold or overbought
  • Trade when the RSI comes back from an oversold or overbought condition

Four different trading behaviors are available in the EA inputs:

  • Both Side (Long and Short): The EA will buy at bullish signals and sell at bearish signals both trade
  • Any Single Side: Open any one trade which signal come first (Buy or Sell)
  • Long Side Only: The EA will buy at bullish signals and disregard bearish signals
  • Short Side Only: The EA will sell at bearish signals and disregard bullish signals
Read More...

Additionally, it implements four different money management modes:

  • Trade manual lotsize: The EA will trade a fixed lotsize on each trade
  • Martingale: The EA will double the lotsize after a losing trade

For a complete description of the input parameters of the EA, kindly read the   user guide.

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.

If you want personal custom development of this product. For Details to with us.

Mohammad Ali, technical analyst and speculator, software engineer and founder of Capilta Business Solutions.‌

Key Features of Algorithmic Trading Software

26 September 2019

3.0

To view other , select one of the filters corresponding to your interests in forex trading.

Reviews

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Eluri Shekhar November 16, 2021 7:57 am
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very very profitable EA, thankyou so much sir. i have created some set files if any need kindly contact me on telegram @mohith_bro

pietchabalala November 16, 2021 7:57 am
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Very useful, profitable and reliable EA more especially for USD ($) Accounts thanks author.

rainwalker123 November 16, 2021 7:57 am
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Thanks to to the author, providing a free full functional EA. The backtesting was very good, but I think it needs to be optimized every day, to have a stable performance.

johnchen2020 November 16, 2021 7:57 am
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good EA

Tom Makken November 16, 2021 7:57 am
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Great! – It Does need optimizing but once that is done it works very well!

jose manuel echague November 16, 2021 7:57 am
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bueno

Olga Snizhko November 16, 2021 7:57 am
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Good.

Boaz Cheong November 16, 2021 7:57 am
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Thank you, Mohammad Ali!!! Best RSI EA! Keep playing around with the settings.

KDInvestments November 16, 2021 7:57 am
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Very profitable EA, Excellent work and Thank you!

Taras November 16, 2021 7:56 am
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Great EA

SEUN2021 November 16, 2021 7:56 am
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90% Perfect and Good.

adeelhassan November 16, 2021 7:56 am
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Good EA in free category. Martingale let you avoid loss. default setting is profitable but you can customize. but it work with only 1 indicator which make it a little but risky

AI Plush November 16, 2021 7:56 am
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Anyone have the setup file? thank

khalid_alhaj November 16, 2021 7:56 am
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lost 500 $ in 2 days

PaChuc Production November 16, 2021 7:56 am
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It is way more than I expected… Thank you…

grigvoha November 16, 2021 7:56 am
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on the demo version, everything is trading fine so far

Wichai Chomvijit November 16, 2021 7:56 am
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Good EA.

Ahmed Sarıkaya November 16, 2021 7:56 am
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All rsi settings dont work together.

Pedro566561 November 16, 2021 7:55 am
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bien

M.H. Ahmadi November 16, 2021 7:55 am
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Excellent…

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