KT RSI Divergence EA
MT4/MT5

Recommendations

• Pairs:  EURUSD, EURCAD, EURCHF, EURJPY, GBPJPY,USDCHF, USDJPY, XAUUSD.
• Time-Frame:  1-Hour
• Account Type:  Any
• Leverage:   1:100
• Risk:  1% per trade

Features

• Successfully trades the RSI divergence signals with a lot of advancements that are nearly impossible to implement in manual trading.
• Volatility based stop loss and profit target to achieve more stable and proportional growth.
• It is equipped with multiple entry filters such as trend filter, vortex filter, volatility filter, MMI, and week days filter.
• Fixed fractional money management to achieve an exponential equity growth.
• Allow multiple positions to coexist together in the same direction, which supports the mean reversion nature of divergence signals.

Input Parameters

• ----- Strategy Settings -----
• RSI Period:  choose a RSI period between 14 to 100.
• Apply to:  Price Close (we don't recommend to change this value.)
• Trade Regular Divergence:  if true, EA will trade the regular divergence signals. 
• Trade Hidden Divergence:  if true, EA will trade the hidden divergence signals.
• Trade only Overbought/Oversold Divergences:  if true, EA will trade the divergences only if they occurs above/below the overbought/oversold levels.
• Max. Positions: Maximum number of positions to co-exist in a same direction.
  
  
• ----- Trade Settings -----
• Lot Size Method:  fixed lot size / auto lot sizing
• Risk per trade:  we recommend 1% risk per trade.
  
  
• ----- Exit Settings -----
• Stoploss Method:  none / pips / volatility
• Takeprofit Method:  none /  pips / volatility
• SL Trailing Method:  none /  pips / volatility
  
  
• ----- Set the filters -----
• Trend Filter:  if true, EA open positions only in the direction of trend.
• Volatility Filter:  if true, EA allows positions only in a duration of high volatility.
• Vortex Filter:  if true, EA filters the entries using the Vortex filter.
• MMI Filter:  if true, EA filters the positions using the Market Meanness Index.
• Day Filter:  allows or debar the trades on certain days of the week.