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The Tradeable RSI Indicator

Some background and history

The RSI indicator is one of the most powerful technical indicators that there is and is one of the best indicators for finding turning points in the market and “Long Candles” (strong moves in intended direction). No surprise that it is very popular in most Forex and Binary traders who need to find new trends.

PLEASE NOTE: The Tradeable RSI does not have a Divergence trading option. A special Divergence EA has been developed for this. Click here for details:- DIVERGENCETRADER EA 

Major Updates

Since the original launch of the Tradeable RSI Robot we have done considerable research on ways of turbo boosting its results. We have made 2 major changes to the tradeable RSI that have increased it profit potential considerably.

We have added a Multiplier: How a multiplier works is if a buy signal is detected it will continue opening trades in the direction of that signal on every new candle for as long as that signal is valid. Please note that this increases income considerably in favourable market conditions but at the same time increase risk considerably.

We have also added the trend Filter: The ADX indicator is good at identifying trending and sideways markets. So when a sideways strategy is used it will attempt to only open trades in sideways market. The same for trending markets. When a trending market is encountered it will only open trades in confirmed trends. This indicator is obviously not 100% accurate but has produced superior potential results.

Please refer to the settings discussion below for more details. Both these settings can be switched off or on my traders.

The video on the right has more details

There are many ways one can use the RSI. There are in fact 11 major tradeable signals and readings given by the RSI and it can be used quite scientifically. But the most simple and powerful ones are the ones identifying turning points in the Forex market. As shown below, using only one of the entry strategies, when the indicator is above the overbought 80 line or below the oversold 20 line there is a good chance a reversal.

The RSI used the capture turning points in the market (Entry on the next candle open after the signal)

If you battle to find the start of trends this indicator is for you

Settings available to traders

Below are the setting for the Tradeable RSI. Please download the user manual below to get a complete explanation about the functionality of each setting

Use Many Trading strategies

That can be used on any time-frame or currency

1 Hour to 4 hour timeframes are better

Using the settings above you can create many trading and risk management strategies

  • 2 Entry strategies when the price either enters the overbought / over sold regions or exits them.
  • 6 Exit strategies based on the reverse of the any of the 2 entry options, a target, a stop loss, a following stop, a break even stop, a dynamic target or a dynamic stop.
  • Time of day strategy options
  • Day of the week strategy options
  • Reverse the direction of entries
  • With the trend risk management options where no against the trend trades will be opened.
  • Fixed or % of account position sizing
  • The number of open trades option
  • Activate the Multiple entry option (Multiplier)
  • Activate the phase filter (ADX filter)

OPTIMISED, BACK TESTED RESULTS AFTER THE RECENT UPGRADE

Below are optimised settings, back testing history for 1 year. They show the timeframe, leverage and top currencies used. As you can see there are downloadable setfiles for all the results. Optimized results tend to exaggerate results and past results are not guaranteed to repeat into the future. These are provided purely as an indication to potential profitability.

As these changes have just recently been done we have no live trading records available

Forex Results

Index Results

How to get the Best Value from the Automated RSI Indicator COURSE

This automated MT4 RSI indicator comes with a "How to get the best value from your Automated MT4 Indicator" 8 Video course which covers key success activities. Please click on the video pictures or the headings of the videos to view them

Video 1: Understanding the RSI Indicator

To get the best out of the automated RSI Indicator you need to know it's Strengths and Weaknesses, What it is used for and  Which signals are the most powerful. This video gives an overview of the indicator

Open Access

Video 2: Understanding the Automated RSI Indicator settings

This video shows how settings have been created to provide the Forex Trader with many options to create strategies which best suit the traders needs. The functionality of most setting are explained.

Open Access

Video 3: Creating RSI Trading strategies

Using the knowledge of the RSI functionality and the Automated Indicator settings the trader is now in a position to create trading strategies. A number of strategies are reviewed and ideas give for others.

Owner access only

Video 4: Creating Broker Test data

In order to do high-level testing of strategies identified it is always good to use your own Broker data for the account you will be using for live trading. This video shows you how.

Open Access

Video 5: Testing the Automated RSI functionality

In order to make sure that the Automated RSI is doing what you want it to do you need to test the functionality of the settings

Owner access only

Video 6: High-level profitability Testing

In this video we do high level testing for some of the strategies identified to get a guide as to the profitability of the strategy and how robust the results are.

Open Access

Video 7: Refining High-level Testing results

The Automated RSI Indicator has many filters and setting alternatives which could improve trading results tremendously. In this phase these refinements are reviewed.

Owner access only

Video 8: Assessing Test results and the trading decision

Once you have completed your high level testing you will be in a position to plan the way forward which could be going directly into live trading or more testing

Owner access only

Watch these videos for more information about the Tradeable RSI

What is included in your Automated RSI Indicator purchase:

  1. Access to the password protected, 8 video,  "How to get the best out of your Automated RSI Indicator" course
  2. The Magic Momentum Forex course
  3. 2 licences to use the Automated RSI Indicator. It can be used on any 2 computers you wish at any one time. The Automated Indicator is in the form of an Expert Advisor.
  4. Assess to the password protected support Forum where you can raise any questions, get access to other owner strategies or discuss RSI topics you wish.
  5. Access to support from EAFactory for technical support and Expert4x for trading and strategy related support.
  6. FREE upgrades and improvements
  7. Initial Currencies tested for you and set files supplied

More On Trading the Tradeable RSI

  • 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 20 optimised Forex settings (setting what worked best in a recent 12 month period) covering the 10 main trading currencies and 2 timeframes and a further 12 optimised Index settings covering main indices and 2 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. The Forex settings are updated regularly but the index settings will be discontinued after the launch
  • 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.
  • Because this EA has so many trading options (as evidenced by the many settings) it is more complex. Therefore at this stage no set and forget settings are provided. This EA is recommended for the more experienced Robot traders with Robot testing and optimisation skills

These  videos may show details of another Forex Robot but the process used applies to all Expert4x EAs

Learn How to load your EA

Learn How to load Set Files

Learn how to download set files for testing

Learn how to calibrate set files to your broker account

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.

When you purchase this Trading Tool, the items below become freely downloadable as FREE Bonuses from the product download EAFactory website. Click on the button to see more details >>

IMPORTANT: Before you purchase, please read our "Sales Agreement" and "Risk Disclaimer" at the bottom of the page. By Clicking on any of the PayPal Buttons, you are agreeing to the "Sales Agreement".

We now offer a paid 16 Day trial period for you to experience the Tradeable RSI before your purchase.

When using the PayPal buttons below a payment plan of $16 for 16 days will be created. After the 16 days PayPal will charge you for the full purchase price.

 

In the unlikely event that, if after your initial trial, you do not want to purchase the Tradeable RSI then you can

1) Cancel your payment plan directly with PayPal or

2) email us to cancel your payment plan for you.

Please these actions before your Trial period has expired to avoid being charged for the full purchase price.

 

Please note that payments for the trial are not available when using Crypto

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TRIAL AVAILABLE FOR:- 

FIRST TIME CLIENTS can take a 16 day Trial for 16 days and then can purchase the Tradeable EA for $ 504 after the trail (A total price of $520)

EXISTING CLIENTS can take a 16 day Trial for 16 days and then can purchase the Tradeable EA for $ 244 after the trial (A total price of $260 - 50% discount)

YOUTUBE SUBSCRIBERS can take a 16 day Trial for 16 days and then can purchase the Tradeable EA for $ 244 after the trial (A total price of $260 - 50% discount)

PAID PREMIUM FORUM MEMBERS can take a 16 day Trial for 16 days and then can purchase the Tradeable EA for $ 192 after the trial (A total price of $208 - 60% discount)

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.
  • q-iconDo you have certified trading results on a live trading account showing that this EA is profitable?

    This is a major upgrade with massive changes. Clearly the are no live trading accounts available

    The Automated RSI Indicator is a trading tool. It is a bit like you are asking MT4 to provide trading records for the free RSI that they supply in the your MT4 platform before you will use it. It is really up to you to make the best of this Forex trading tool.

    Having said that the training and forum activities will no doubt come up with great and historically profitable strategies which you can use as guides for your own trading.

    We will help and assist you to find the strategies that suit your personal style of trading best by helping you through the “Getting the best out of your EA” course.

  • q-iconDo you have any profitable pre-sets I can use to get started so i don't have to do the course?

    The Success of any trading strategy depends on many variables. Which Broker you use, whether you like scalping or swing trading, which are your favourite currencies, which timeframe you use, which entry and exit approaches you prefer, which filters you like, which period settings you like using for the RSI, whether you are conservative or aggressive in your trading approach, which time of the day you like trading, which day of the week you like avoiding, and many more.

    We can not possibly supply pre-sets which will cater for all of these many variables. That is why we provide a short course for you to create you own person pre-sets. Please remember this is a trading tool that can be used in many ways.

    There is a good chance that good trading setting will be posted on the forum by users of the Automated Indicator. Also watch the videos supplied.