Description
Short Description: A controlled grid recovery trading system combining oversold/overbought RSI entry triggers, ATR grid spacing, and strict basket risk caps.
Overview
The RSI-Grid Recovery EA combines mean-reversion RSI signals with a controlled grid recovery algorithm. Unlike unconstrained grid bots, it features dynamic ATR grid step spacing, maximum grid level caps, and hard basket drawdown equity limits to protect account capital.
Key Features
- RSI Entry Filter: Initial grid trades trigger only at RSI extremes (Oversold 70).
- Dynamic ATR Grid Spacing: Adjusts distance between grid levels based on current volatility.
- Strict Basket Equity Loss Limit: Hard stop closes the entire grid basket if drawdown limit is breached.
Installation
Copy executable files to `MQL4/Experts` or `MQL5/Experts` and attach to desired chart.
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