Introduction
Let’s take a look at another player in the arena - the trading robot RaysFX CCI e RSI. It's pretty much a routine work now, isn't it? Evaluating feature-loaded trading robots is part of our daily job, just a regular day in EASY Trading Team. Anyway, the said robot has garnered an average rating of 3 and mixed user reviews.RaysFX CCI E RSI Functions
This trading robot, as the name suggests, uses both the Commodity Channel Index (CCI) and the Relative Strength Index (RSI) as its main trading indicators. Fairly common, I would say. CCI is used to identify cyclical trends in the market, while RSI gives an indication of the market’s momentum.Results Analysis
The detailed statistics available on this website show the robot's performance over the past year. As any seasoned trader would tell you, past performance doesn't guarantee future returns, but we use them as a benchmark anyway. I'll leave you to dive into the numbers at your own leisure.Pros and Cons
User reviews provide some insight into the strengths and weaknesses of this robot. As per user lisi, the RaysFX CCI e RSI seems to be doing a great job. However, user lindawei reports that the robot repaints in the event of strong market movements or reversals. What a surprise, isn't it?Original RaysFX CCI e RSI Source code
A little disclaimer here for all the code enthusiasts. We do not have the original source code of the RaysFX CCI e RSI. Yes, you read it right. And no, we don't sell this robot either. But, as skilled craftsmen that we are, we have written a code based on the robot's description sold on MQL5. So, if you have questions about the code, do not hesitate to ask. This example code from easytradingforum.com, is based on the description of the robot being sold on MQL5.
Code:
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Download RaysFX CCI e RSI: A Comprehensive Guide
For those interested, you can check out the RaysFX CCI e RSI trading robot on the MQL5 website. If you decide to have a go with it, we advise that you first test it on a demo account. As a side note, we encourage you to share your experiences with this robot on our forum. Your contribution could help other traders make an informed decision.The EASY Trading Team always maintains a level of skepticism for every trading strategy it inspects. I'd rather say we are realists, especially in a world where realism is a rarity. So, let's go, the forum awaits your valuable insights. Happy trading!