Forex Expert Advisor Asia Range Grid

Asia Range Grid Expert Adviser utilizes a trading strategy with joins popular and widespread RSI Cross strategy with a Grid entry/exit system. The strategy searches for entry signals by monitoring the Relative Strength Index (RSI). If the Relative Strength Index falls to the oversold level, the algorithm places a buy trade. Similarly, if the Relative Strength Index rises to the level of overbought, the algorithm places a sell trade. The trading strategy applies a grid system to ascertain the consequent entry points. The trader determines the interval in pips, this makes the distance between grid lines. When the position is open, if the market has to go through a new grid line, the adviser opens a new position.

Developer FXCM
Class middle term
Type trend
Lot size not less than 1000 units per 0.1 of a standard lot
Deposit 1000
Leverage 500
Timeframes from M5 and higher
Strategies Relative Strength Index strategy
Indicators RSI
Recommended brokers FXCM
Trading tool/currency pairs EURUSD
Yield per annum, % 56.81
Max.drawdown, % per annum 22.17
Rating 5.7
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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