Forex Aurum RSI Scalper
Forex Aurum RSI Scalper – this trading robot, which operates using two strategies, the RSI indicator as the main strategy and recovery strategy based on martingale to cover losses. It is simple to use and is recommended for $ EURUSD. It shows very good results in brokers with low spreads (M1 timeframe used).
Risks and Recommendations
As the adviser uses Martingale loss is reversed, but can occur very large drawdowns. We recommend that you try it on a demo account to understand the operation parameters. It is also strongly recommended to trade only the capital that you are willing to lose.
- AURUM_MAGICMA: A unique number for each instance of the advisor
- AURUM_SESSION: Preferred features of the trading session [ALL, LONDON, NEW YORK, TOKYO, SYDNEY]
- AURUM_LOT: Lot size, default 0.01 (not recommended to increase, because it uses martingale)
- AURUM_MAX_LOST_ORDERS : The maximum number of consecutive losing orders in which are allowed to use the martingale, the default 10
- AURUM_RSI_HIGH: Upper value of RSI for SELL orders
- AURUM_RSI_LOW: Lower value of RSI for BUY orders
- AURUM_SHORT_TIMEFRAME : Timeframe, the default is to run PERIOD_CURRENT advisor in the current timeframe.
- AURUM_MAX_SPREAD: Maximum spread for opening transactions.
- Aurum_TP_PIP: Take profit in pips, the value is multiplied by 10.
- Aurum_SL_PIP: Stop loss pips value is multiplied by 10.
- AURUM_SLIPPAGE: Maximum slippage.
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