EDGE #3: H1 RSI Basket Grid + Money Take-Profit
When RSI(14) reaches 30 or 70 on H1, opens a first order plus two limit orders 20 pips apart in the same direction, then closes the whole basket at +25 or -100 in account currency. Each order also has its own 30-pip stop and 60-pip target. Fixed lots: the grid adds exposure as price moves against it.
Tested on EURUSD M1, 2024-10 to 2026-10
- Profit factor, year 1 / year 2
- 1.1 / 1.17
- Trades
- 527
- Max drawdown
- 5.6%
- Timeframe
- H1
Open in QuantForge
Free account. The template opens as a new project you can edit, backtest and export.
Past results on one symbol, from one broker’s data. They do not predict future results: test on your own data and on a demo account first.
Inputs you can tune
| Input | Default | |
|---|---|---|
MagicNumber | 930003 | Identifies this EA's trades |
LotSize | 0.1 | Lots per order |
GridStepPips | 20 | Distance between grid orders, pips |
BasketTakeProfit | 25 | Close the basket at this profit (account currency) |
BasketStopLoss | 100 | Close the basket at this loss (account currency) |
More templates
- EDGE #1: H1 Bollinger Extreme + Engulfing Reversal · H1
- EDGE #2: H1 Four-Candle Streak + RSI(2) Snapback · H1
- EDGE #4: H4 MACD Divergence + Confirmation Candle Swing · H4
- EDGE #5: London Open Stop-Order Breakout (Tue–Thu) · M15
- EDGE #6: H4 Connors RSI(2) Extreme + SMA(5) Exit · H4
- EDGE #7: M30 RSI(14) Extreme Basket Grid · M30
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The free plan includes three projects, backtests on H1 to D1 over a year, MQL4/MQL5 export and the converter.