Forex advisor DailyFX RSI Trader


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The DailyFX RSI Expert Advisor is a powerful currency trading instrument best suitable for Metatrader4 trading software and trading accounts at FXCM brokerage. The EA applies a simple but profitable strategy based on Relative Strength Index. The advisor was developed by FXCM strategists on the analysis of millions of trading orders performed during several years. The strategy used in the advised shows best results when it is applied with an appropriate risk&reward. By default, the advisor creates buy and sell orders with the accordance to crosses of a fourteen-period Relative Strength Index. It lets place only one trade at a time. The levels of TakeProfit and StopLoss are simply customizable in the advisor’s settings to a trade’s reqiurements.

Developer FXCM
Class middle term
Type trend
Lot size not less than 1000 units per 0.1 of a standard lot
Deposit, $ 500
Leverage 500
Timeframes
Strategies Relative Strength Index (RSI) strategy.
Indicators RSI indicator
Recommended brokers FXCM
Trading tool/currency pairs EURUSD, GBPUSD
Yield per annum, % 46.36
Max.drawdown, % per annum 19.37
Rating 5.8
Automatic account type
Indicating
Multiple usage
Free
Mini deposits
Max risk limitation
ECN
NDD
Several one-way series
Auto start lot
Fixed stop loss
Fixed takeprofit
Automatic lapse expansions
Created, year 2015

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