AXT Reversal RSI

AXT Reversal RSI EA accurately scans the FX market conditions and identifies the best potential area for buying or selling. Thanks to with well-implemented money management system and by using the popular RSI indicator with exclusive settings, you can choose several trading methods:

• Stable     It's recommended for those who prefer slow but stable profit rise.
• Aggressive     It seems that you want to drive at maximum speed on a highway.
• Not to Averaging     Your broker doesn't offer Swap-Free account or you don't want to keep positions open for a few hours or days
• Single Buy / Single Sell     You don't prefer to enter your capital in the market without setting profit and loss limits.
• Flexible better than Hard     Control the drawdown instead of using hard stop loss limit.

Features

• Not a fake and deceptive History Reader EA
• Several methods of money management can be used
• Capable to place Stop-Loss and Take-Profit for each position
• Flexible stop loss limit option based on equity drawdown percent
• Not sensitive to spread
• Easy to install

EA parameters and settings

1. Indicator Settings
• Choose Trading Method (Stable or Aggressive trading method is selectable)
• Indicator Period (Defines indicator look back period)
2. Order Options
• Base Lot Size (Defines start volume for the first position)
• StopLoss (Defines Stoploss in Points not Pips. Zero input means positions would place with no SL)
• TakeProfit (Defines Takeprofit in Points not Pips)
3. Loss Recovery Management
• Next Trade Lot Size Multiplier (Defines how much the next position volume multiplied by last position volume)
• Max Allowed Positions (Defines max open position per each market side : Buy/Sell)
• Use Equity Stop ? (This option will close all open position if defined percentage of equity loss reached)
• Equity Stop Percentage (Equity loss trigger to close all open positions)
4. Others
• Show OSD (Defines EA would display information on screen or not)
• EA Unique ID (An special number to recognize this EA from other active EAs)