Each USDJPY robot is designed to trade the USD/JPY pair on a 30-minute timeframe (M30). These Expert Advisors (EAs) rely on a combination of Relative Strength Index (RSI) and Stochastic Oscillator to determine trade entries and exits. Their primary goal is to identify overbought and oversold market conditions to execute mean-reversion trades. Here is a brief overview of each strategy:
USDJPY Robot 1 (Magic Number: 117481490)
- Lot Size: 0.10
- Stop Loss: 184 pips
- Take Profit: 96 pips
- Indicators Used:
- Stochastic Oscillator: Two different Stochastic settings are used:
- %K Period: 11, %D Period: 20, Slowing: 9 (Signal Stochastic)
- %K Period: 15, %D Period: 2, Slowing: 11, Level: 20
- Relative Strength Index (RSI): Period: 9, Level: 63
- Stochastic Oscillator: Two different Stochastic settings are used:
USDJPY Robot 2 (Magic Number: 1768892446)
- Lot Size: 0.10
- Stop Loss: 134 pips
- Take Profit: 72 pips
- Indicators Used:
- Relative Strength Index (RSI): Period: 17, Level: 72
- Stochastic Oscillator:
- %K Period: 12, %D Period: 4, Slowing: 14 (Signal Stochastic)
- %K Period: 10, %D Period: 1, Slowing: 8 (Signal Stochastic)
For instructions, you can download our Free Expert Advisors Startup Guide before trading with the robots.
Disclaimer: This USDJPY Robot Collection is for educational purposes and is free to download. Get the Forex Trading EAs and test them on a Demo account. Traders should regularly monitor the performance to ensure it aligns with expectations.
