Better than ALL the Rest
We refer to the RSI Trendline Violation technique as "Simply the Best" Forex trading technique.
Over the years this technique has consistently identified great turning points and trends in the market with a very high success rate.
The Simply the BEST Forex entry technique
The Long Candle Forex Trading technique was published by Barry Thornton in 2012. It remains one of the best Forex trading courses. In this course, a very simple but powerful Entry trading technique is taught. The problem is that Traders often look at these techniques and think “that interesting” and then never actually trade it. Especially if it is simple. This techniques is so good that we call it “Simply the BEST Forex entry technique”
Below in a summary of the Simply the BEST entry technique.
- Load an RSI indicator with a period of 4 and overbought and oversold levels of 80 and 20.
- For sell entry signals wait for the indicator to go overbought.
- Then make sure it was oversold recently after being overbought.
- Trade the trend-line violation as a sell signal.
- Do the opposite for a buy
Sounds too simple to produce good Forex trading entries – doesn’t it?
Below in a summary of the Simply the BEST entry technique.
- Load an RSI indicator with a period of 4 and overbought and oversold levels of 80 and 20.
- For sell entry signals wait for the indicator to go overbought.
- Then make sure it was oversold recently before going overbought.
- Trade the trend-line violation as a sell signal.
- Do the opposite for a buy
Sounds too simple to produce good Forex trading entries – doesn’t it?
The "Simply the Best" (RSI Trendline Violation) Forex technique in action
This technique works for many reasons. The fact that the RSI has to go from overbought to oversold makes sure the market is trading sideways and is volatile at the same time. Stops required by this technique are generally quite small compared to the potential gains. Just these 2 facts give this technique a head start over most Forex trading methods.
So we created 2 RSI Trendline EAs
1. The RSI Trendline TRADER EA
The first EA will trade RSI trendline violations for your on an automated set and forget basis continuously. You select the Currency, the Timeframe and RSI setting you want to use and the EA will do the rest.
Post Launch feedback on the RSI Trendline Finder: "I purchased your Trendline Finder and you may be interested in that what i have to say . I got the value of the EA finder by 20 times in already. I am so happy your Trendline finder gives me high volume of trades + high Quality of signals . The best feature is that I can switch charts by a click which makes it so fast just what you need in trading on a short timeframe . Combined with my own charts on top of it I feel I have the perfect system. And as a side note : I have taken hundreds of trades by today" - Simon from Switzerland
2. The RSI Trendline FINDER EA
The FINDER EA will search over 9 timeframes and 24 currency cross to find RSI trendline violations and then will notify you of them by email, notifications or other alerts. This is ideal if you want to trade manually but don't want to watch the trading screens all day long.
Please note you need MT4 version 1065 and above to use this EA
Initial RSI Trendline TRADER Results
As expected the initial results show that the RSI Trendline Trader EA has great potential. Testing is from the beginning of this year on the GBPUSD has resulted in almost an 80% success rate 350% return on capital.
Training and support
The RSI Trendline Trader EA comes with the following training videos and information:
- Overview of the RSI trendline trading technique
- Overview of the input section of the EA
- A User manual is included
- Tips on optimization
- 4 set files to get you started
- A user Forum
The RSI Trendline violation Finder EA comes with the following
- A Udemy course on how to create email, notification and other alerts
- Overview of the input section of the EA
- A User manual is included
- A user Forum
All our EAs come with ongoing technical support and free upgrades provided by EAFactory.
You should not base your expectations of this EA on the results above. They are extremely exceptional, traded at high risk and have a very low chance of ever repeating.
RSI Trendline Trader Pre-launch Testing
Over 40 testers tested these EAs prior to their launch. The test mainly revolved around testing the ease of use and supporting information provided. The test period was too short to generate live testing results but set files provided were tested. Tester input will make your experience of the EA much better as many small improvements were suggested.
The results on the left show an example of the results one of the very experienced testers achieved over a 5 month period by suggesting two small change to one of our test settings. Please bear in mind that these results are exceptional and the chances of achieving or bettering them in the future are as remote as winning the Lotto. It does however show the extreme potential this EA is capable of when traded at very high risk (not recommended).
More Tester feedback:-
.
JS from Auckland: "I have tested both the Trader and the Finder. I like trading support and resistance levels. So I like the Finder EA as it finds really good entries and I can then refine each trade I take with stops and targets based on current support and resistance. I don’t believe one stop or target level can be correct for all RSI Trendline Trades".
JJ from the US: "I really don’t have time to watch the charts all day long. Because I am very good at optimisation I prefer the automated trading of the RSI Trendline trader. It takes the emotion out of trading - I have seen enough to make the RSI Trendline EA work"
More On Expert Advisor Settings
Using the best Settings is important when trading Expert Advisors
There are no magical settings that will work all the time for every currency, timeframe and broker account. However to help you find the best settings were provide 2 main sources of information regarding settings for Forex and Index Trading:
We have over 30 optimised Forex settings (setting what worked best in a recent 12 month period) covering the 10 main trading currencies and 3 timeframes and a further 18 optimised Index settings covering main indices and 3 timeframes which you can access and download for all our set and forget EAs. These FREE settings are downloadable from the EAFactory website from the product information page on their website after your purchase. These setting are updated every 2 to 3 months
BEAR THIS IN MIND: The Forex market changes from day to day, and that past performance can therefore not be guaranteed to repeat into the future. Past performance shown on this page and in videos may use aggressive trading approaches and risk management to prove the potential of the Forex robot over long periods. Because of this we recommend that you test the EA on your own broker account using many variations of currencies, time frames and settings to make sure you experience favourable results in current market conditions before trading live accounts. 0.01 lots per $1000 in your account is recommended every time this EA is used.
FOR MORE INFORMATION ABOUT THE SERVICES
PLEASE CLICK ON THE PICTURES ON THE RIGHT >>>
The videos below may show details of another Forex Robot but the process used applies to all Expert4x EAs
Learn How to load your EA
How to load Set Files
Learn how to download set files for testing
Learn how to calibrate set files to your broker account
We are currently running a special promotion where you can buy a bundle of our trading Expert Advisors for 82% discount.
Click here >> 82% off <<
Purchase alternatives
Forex Trading is dangerous and can result in a substantial loss of money. Due to the uncertain nature of the Forex market, there is no guarantee that our products will produce any favorable results. Before you purchase please read our RISK DISCLAIMER and SALE CONDITIONS at the bottom of this page.
1. The RSI Trendline Trader EA $180.
2. The RSI Trendline Finder EA $ 100
3. Both The RSI Trendline Trader and Finder EAs together can be purchased for $ 230.
50% discount
As normal if you are an existing Expert4x EA or indicator client you can purchase these EAs directly from the EA Factory website at 50% discount http://my.eafactory.com/expert4x .
All EAs come with 2 licences, so that you can use the EAs on up to 2 computers. If you need more licences they can be purchased from EAFactory
We also accept Bitcoin. Crypto prices are the same as PayPal and no further discounts apply.Please contact us for this type of payment.
BEAR THIS IN MIND: The Forex market changes from day to day, and that past performance can therefore not be guaranteed to repeat into the future. Past performance shown on this page and in videos may use aggressive trading approaches and risk management to prove the potential of the Forex robot over long periods. Because of this we recommend that you test the EA on your own broker account using many variations of currencies, time frames and settings to make sure you experience favourable results in current market conditions before trading live accounts. 0.01 lots per $1000 in your account is recommended every time this EA is used.
