General Questions:
What is the USDJPY Breakout RSI Bot?
It's an automated trading robot (bot) designed for the cTrader platform, utilizing breakout and Relative Strength Index (RSI) strategies to trade the USDJPY currency pair.
How does the bot work?
The bot analyzes market data, identifies potential breakout points, and uses RSI confirmation to execute trades automatically based on pre-set parameters.
What average returns can I expect?
Historically, based on 5 years of backtesting, the bot has achieved an average annual return of 98%. However, past performance is not indicative of future results.
Is the bot fully automated?
Yes, once configured, the bot operates autonomously, trading 24 hours a day, 5 days a week.
Is there any risk involved?
Yes, all forex trading carries substantial risk. You should only trade with capital you can afford to lose.
Do you offer a free trial?
Yes, we offer a 7-day free trial.
Platform and Technical Questions:
On which trading platform does the bot operate?
The USDJPY Breakout RSI Bot is specifically designed for and operates exclusively on the cTrader platform.
Do I need a specific cTrader broker?
The bot should work with any broker that supports the cTrader platform. However, brokers with low spreads and reliable execution are recommended.
What are the minimum system requirements?
You'll need a cTrader account, a compatible operating system (Windows is generally preferred), and a stable internet connection. A VPS (Virtual Private Server) is highly recommended for 24/5 operation.
How do I install the bot?
We provide a detailed installation guide with step-by-step instructions.
Does the bot require any special settings or configurations?
While the bot comes with optimized default settings, users have the flexibility to adjust certain parameters according to their risk tolerance.
License and Support Questions:
What license types are available?
A: We offer 1-month, 3-month, 6-month, 12-month, and lifetime licenses.
Is there a refund policy?
Please refer to our refund policy on our website for detailed information.
What kind of support do you provide?
We offer email support to assist with installation and basic bot usage questions.
Are updates to the bot provided?
Yes, we provide updates to the bot to improve performance and address any potential issues.
Telegram Notifications:
Does the bot offer notifications via Telegram?
Yes, the USDJPY Breakout RSI Bot can be configured to send trade activity notifications via Telegram. This allows you to stay informed about your trades even when you're on the go.
How do I set up Telegram notifications?
We provide a detailed guide that walks you through the process of setting up Telegram notifications for your bot. This includes creating a Telegram bot and configuring your bot to send notifications to your Telegram account.
Is the Telegram notification feature available during the free trial?
Yes, the Telegram notification feature is fully available during the 7-day free trial period.
Trading related Questions
What timeframes does the bot use?
The trading logic works with multiple timeframes, those timeframes are automatically selected by the robot.
What is the recomended minimal deposit?
We recommend a minimal deposit of 500$.