Relative Strength Index Strategies

NinjaTrader 8 RSI automated trading strategy + indicator. The relative strength index (RSI) is a momentum indicator developed by J. Welles Wilder Jr. The oscillator can have a reading between 0 to 100. It calculates the magnitude of the recent gains and losses over a period of time to measure the speed and change of price movements. Trade either the momentum or reversal signals.

NT8 RSI
Strategy Toolbox

NT8 RSI
Strategy Toolbox

RSI Automated trading strategy for Ninjatrader 8 based on the Relative Strength Index indicator. Fully automated and/or Semi-Automated trading algo. Use classic overbought/oversold or momentum signals. Highly configurable with many combinations of entries, exits, SL, TP and Trailing setups.

RSI Automated trading strategy for Ninjatrader 8 based on the Relative Strength Index indicator. Fully automated and/or Semi-Automated trading algo. Use classic overbought/oversold or momentum signals. Highly configurable with many combinations of entries, exits, SL, TP and Trailing setups.

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RSI Methods
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MA Slope
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Entry Methods
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Exit Methods
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Indicators Included
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Strategy Combinations

Strategy Concept

Select RSI Type

RSI comes in 2 flavours, classic Overbought/Oversold or Momentum, i.e buy above 50 midline.

Select Entry Methods

Choose Entry method, which can be @ Market Entry or Stop Orders triggered by various crossover entry rules.

Choose Exit Methods

Enable exit methods, stoploss, takeprofits, trailing types and daily PnL targets. All backtestable. Optional ATM strategy can be applied if prefered (not backtestable)

Strategy Features

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Stoploss Methods

  • Standard Fixed Ticks & Percent: (Percentage of market price)
  • ATR Stoposs: Average True Range. Dynamically place stoploss based on volatility.
  • Pivot Stoploss: Place the stop on the previous bar(s) high or low based on X-bar lookback period.

Breakeven Methods

  • Fixed Ticks Distance to set breakeven +/- offset
  • Ratio of stoploss distance i.e set BE trigger 2:1 of stoploss

TakeProfit Methods

Take Profit Methods include:
  • Fixed Ticks & Percentage profit targets.
  • ATR (Average True Range) Volatility profit target.
  • Risk Reward Profit Target: Based on the distance of the stoploss multiplied by Reward ratio.
Profit Chasing. Adjust the target by each close of the bar unfavourable to reduce the target to be more attainable.
Fixed Ticks
Percentage Profit Target
ATR Profit Target
Risk:Reward Profit Target
ATR: Profit Target
All Profit Target Parameters
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Fixed Ticks
Bar Trailing
Moving Average Trailing
Moving Average Trailing Properties
All Trailing Methods
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Trailing Methods

4 trailing methods available.

  • Standard Ticks Trailing: Similar to how ATM trailing works by ticks. 
  • Percentage Trailing: Not available through ATM's and can be backtested.
  • Moving Average Trailing: Also not available on ATM's and can be backtested.
  • Bar-by-Bar Trailing: Set lookback period of highs/lows, when profit trigger reached trail to the last high/low within the specified lookback period. Not available on ATM and fully backtestable.

Daily Targets & Session Filters

Session & Trading Day filters

  • Disable specific days to not trade.
  • Specify time range where entries are allowed to be triggered.

Daily Profit & Loss Limits

  • Specify daily profit and loss targets. Fully backtestable.
Session Filters & Money Management
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Example Strategies

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Pricing Plans

RSI Toolbox Live Trial

£50 /Trial

  • Try the RSI strategy toolbox 14 Day Trial
  • No restrictions. Any Market. Live Trial.
  • £50 discount when upgrade to yearly or lifetime subscription
  • 1 Licence
Subscribe

RSI Toolbox Yearly Subscription

£450£495 /Year

  • RSI Strategy Toolbox yearly subscription.
  • £50 discount when upgrade from 14 day trial
  • 2 Licences.
  • Upgrades and updates all free.
  • Member priority for additional coding requests to strategy.
Subscribe

RSI Toolbox Lifetime Licence

£995£1150 /Life

  • RSI Strategy Toolbox for Life.
  • £50 discount when upgrade from 14 day trial
  • 2 Licences.
  • Upgrades and updates all free for life.
  • Highest priority for additional coding requests to strategy.
Buy Now

Risk Disclosure:

Futures, Options, Forex and cryptocurrency trading contains substantial risk and is not for every investor. An investor could potentially lose all or more than the initial investment. Risk capital is money that can be lost without jeopardizing ones’ financial security or life style. Only risk capital should be used for trading and only those with sufficient risk capital should consider trading. Past performance is not necessarily indicative of future results.

Hypothetical Performance Disclosure:

Hypothetical performance results have many inherent limitations, some of which are described below. No representation is being made that any account will or is likely to achieve profits or losses similar to those shown; in fact, there are frequently sharp differences between hypothetical performance results and the actual results subsequently achieved by any particular trading program. One of the limitations of hypothetical performance results is that they are generally prepared with the benefit of hindsight. In addition, hypothetical trading does not involve financial risk, and no hypothetical trading record can completely account for the impact of financial risk of actual trading. for example, the ability to withstand losses or to adhere to a particular trading program in spite of trading losses are material points which can also adversely affect actual trading results. There are numerous other factors related to the markets in general or to the implementation of any specific trading program which cannot be fully accounted for in the preparation of hypothetical performance results and all which can adversely affect trading results.

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