RSI Tick Pick

Uses RSI to decide whether to name the highest tick or the lowest.

Contract
High/Low Ticks
Default market
Volatility 100 Index
Pace
Quick entries

How it works

  1. This contract asks which of the next five ticks will be the highest, or the lowest, of them.
  2. That means choosing a side and a position before the window opens.
  3. RSI measures which side has been winning, so the bot uses it to choose.
  4. An overbought reading names the highest tick, and an oversold one names the lowest.
  5. Between the two levels it takes no position.
  • RSI picks the side
  • Named tick is a setting
  • Sits out the middle
  • Loss cooldown
  • Martingale with cap

Staking

It ships with a 2.1x martingale, sized to win back a losing run of up to 3 trades inside its stop loss, with a max stake of 5. Untick Use martingale on its card to stake the same amount on every trade.

Settings

Every number here can be changed on the card before you press Run bot.

Contract

SettingDefaultRange
Duration (ticks)High Tick / Low Tick is fixed at five ticks; there is no other duration on offer.55–5
Predicted tickWhich of the five ticks is named. Later suits pressure that is still building.51–5

Entry rules

SettingDefaultRange
RSI periodHow many ticks the RSI reading is taken over.142–100
Overbought levelRSI at or above this names the highest tick.6050–95
Oversold levelRSI at or below this names the lowest tick.405–50
Cooldown after a loss (ticks)The bot sits out this many ticks after a losing trade before it looks for a new entry.20–50

Stake progression

SettingDefaultRange
Initial stakeThe amount staked on the first trade of each sequence.10.35–1,000
Martingale multiplier1 keeps the stake flat. Above 1 multiplies the stake after each loss.2.11–5
Max stakeIf the progression pushes the stake past this, it resets to the initial stake.50.35–5,000

Session limits

SettingDefaultRange
Take profitStops the bot once session profit reaches this.101–100,000
Stop lossStops the bot once session loss reaches this.101–100,000
Max losses in a rowStops the bot after this many consecutive losses.41–20

Run RSI Tick Pick free.

Sign in with Deriv and start on your demo balance. Every number on a bot can be changed before you press Run bot.

Open this bot

More High / Low Ticks bots

  • Tick Spike ScannerTallies where the high has actually been landing, and names whichever position keeps winning.
  • Tick ExtremesNames which of the next five ticks will be the highest or lowest of them.