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.
|Lot size||not less than 1000 units per 0.1 of a standard lot|
|Strategies||Relative Strength Index (RSI) strategy.|
|Trading tool/currency pairs||EURUSD, GBPUSD|
|Yield per annum, %||46.36|
|Max.drawdown, % per annum||19.37|
|Automatic account type|
|Max risk limitation|
|Several one-way series|
|Auto start lot|
|Fixed stop loss|
|Automatic lapse expansions|
We recommend you to examine ralated Forex advisors with high year profit.