An RSI-Based Five-Minute Expert Advisor with Fixed Stops and Targets

Summary

The document outlines a trading robot that uses only the Relative Strength Index on a five-minute chart. It lists an RSI period and level alongside fixed take-profit and stop-loss inputs, and describes the approach as the author’s own version rather than the original competition entry. The position size is stated as a range, with the same parameters used for trading.

Figures are mentioned for tests over several Automated Trading Championship periods, but the document gives no numerical results or explanation of those tests. It recommends treating the robot as a starting point for developing a strategy. The entry and exit rules are not fully explained in the text, so the listed RSI level alone is insufficient to reconstruct the precise trading logic or assess robustness, costs, and risk-adjusted performance.

Key ideas

• The robot relies on RSI on a five-minute timeframe.
• Its listed parameters include a fixed take-profit, stop-loss, RSI period, and RSI level.
• The author distinguishes this implementation from the original competition advisor.
• Testing figures are referenced across several periods, but no results are reported in the text.
• The document presents the advisor as a basis for further strategy development.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.