(Intermediate) Envelopes and RSI Trading Robot (Source Code)

Part of our Intermediate collection, the FxBotHQ Envelopes & RSI Trading Bot combines two effective technical indicators—Envelopes and RSI (Relative Strength Index)—to refine your trading strategy. With its dynamic grid system, this bot maximizes trade opportunities by identifying key market conditions for entry and exit, offering a strategic approach for traders seeking precise trade execution.

Key Features:

• Envelopes & RSI Precision: The Envelopes indicator defines upper and lower boundaries for price movements, while the RSI identifies overbought and oversold conditions, ensuring trades are placed only when market signals align.

• Advanced Grid Trading Logic: Customize grid distance, initial lot sizes, and multipliers to fit your strategy. The bot dynamically scales positions as the market moves, adjusting to price action.

• Smart Risk Management: Control your risk with built-in features like take profit, maximum open trades, and adjustable lot size control, ensuring a balanced approach to trading.

• Custom Trading Hours: Set your preferred trading hours, allowing the bot to trade only during the times that fit your schedule.

Ideal for Intermediate Traders

The FxBotHQ Envelopes & RSI Grid Trading Bot is perfect for traders who want to leverage momentum and range-bound market conditions. By combining the Envelopes and RSI filters, the bot helps you identify optimal entry points during volatile or consolidating markets, reducing the risk of false signals.

FxBook Links:

These links showcase the bot's performance using its default underlying strategies without any additional indicators. By incorporating the indicators, you can further enhance and improve the bot's overall performance.

• FxBook 1: View here
• FxBook 2: View here
  

FxBotHQ – Your Source for Trading Bots, Source Code, and Development

At FxBotHQ, we offer everything you need to excel in automated trading. From pre-built trading bots to customizable source code and development tools, our platform empowers you to buy, modify, or rebrand these strategies. Want more control? Join our AI Builders Program and learn how to adapt and create your own bots to suit your unique trading style.

Why FxBotHQ?

• Simple & Effective: FxBotHQ simplifies the trading process while offering the tools needed to customize your strategies.

• Complete Customization: Personalize your trading strategies or take it to the next level by creating your own bots, tailored to your preferences.

• AI Builders Program: Get hands-on with bot development, learning how to modify and create strategies using our AI tools.

Disclaimer:

FxBotHQ is a trading tool created for educational purposes only. Trading involves risk, and it is important to use capital you can afford to lose. Always test the bot on a demo account and consult a licensed financial advisor before trading with real money.