This EA is distinguished by its ability to automatically generate trend lines, analyzing historical candlesticks to identify significant breakout points. Moreover, the EA does not enter a trade immediately but waits for signal confirmation from the RSI.

It will initiate a Buy order when the price breaks above the trend line while the RSI is in the Oversold zone (below 30), and a Sell order when the price breaks below the trend line with the RSI in the Overbought zone (above 70). This is an excellent strategy for filtering out market noise. It is also equipped with a trade recovery system that increases the lot size upon the appearance of a strong reversal signal (Engulfing Pattern).

Impressive Results: A 5-year backtest (2020-2024) on Gold (XAU/USD) on the 1-minute timeframe demonstrated the EA's ability to produce consistent and stable profits with a manageable maximum drawdown.

EX157 - Advance Trading Robot [RSI and Trendline Breakout]