RSIMay2024v1

The strategy is built with one indicator and it uses 5 minutes GBP/USD instrument to operate the trades. The strategy opens trades only in weekdays. It uses RSI indicator to trigger the trades. When RSI goes over 82 the strategy opens a SELL order, on the other hand when RSI goes below 28 the strategy opens a BUY order. Strategy is configured to take profit on 3 pips , stop loss is configured to 40 pips and lot size is configured to maximum of 15 lots. This strategy was built specific for this contest. I recommend you never use a contest strategy on a real account. Best luck!
Version: Date: Status: Description:
1 01.05.2024 Not running The strategy is built with one indicator and it uses 5 minutes GBP/USD instrument to operate the trades. The strategy opens trades only in weekdays. It uses RSI indicator to trigger the trades. When RSI goes over 82 the strategy opens a SELL order, on the other hand when RSI goes below 28 the strategy opens a BUY order. Strategy is configured to take profit on 3 pips , stop loss is configured to 40 pips and lot size is configured to maximum of 15 lots. This strategy was built specific for this contest. I recommend you never use a contest strategy on a real account. Best luck!  Download
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