As we wrote in our Analysis from 13.01.2022, the currency pair EUR/USD, broke the narrow range on the Daily Chart and the Moving Averages spread out for uptrend on the M15 timeframe. We loaded our STS_RSI_Bot to open long positions on each M15 candle if the RSI 6-period was 30 or less. The Trading Robot was set to close the positions when RSI increased to 70 or more.
STS_RSI_Bot opened 9 long trades pips collected from all positions - total 123. We are currently changing the Bot's settings from M15 to H1, because we presume there will be a deeper correction forthcoming before the pair resumes its uptrend. We also changed the RSI settings. The Robot is now set to open long positions if the RSI 6-period on the H1 timeframe is 20 or less and close them when the RSI rises above 80. Currently the STS_RSI_Bot has opened 1 long positions.
See in the video below how it happened in real time:
Get your STS_RSI_Bot now: https://smarttradingsoftware.com/en/expert-advisors/prd/sts-rsi-bot/
Get your STS_RSI_Tester now: https://smarttradingsoftware.com/en/market-testers/prd/sts-rsi-tester/
Get your STS_RSI_Breakout_Bot now: https://smarttradingsoftware.com/en/expert-advisors/prd/rsi-breakout-bot/
Get your STS_RSI_MTF_Indicator now: https://smarttradingsoftware.com/en/indicators/prd/sts-rsi-mtf-indicator/
Visit our Forex Signals section to receive real-time trades from our Trading Robots. Get your FREE Forex Signals Plan now and follow our Forex Trading Signals for 30 days absolutely FREE.
