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    cTrader BolliSniper RSI Pro Algo Strategy

    cTrader BolliSniper RSI Pro Algo Strategy


    14-Day Refund Option (Read Policy)

    Bollinger Sniper RSI Pro is a fully automated scalping bot designed for the GBPUSD 5-minute chart, built using the powerful combination of Bollinger Bands and the Relative Strength Index (RSI).
    (OS) Type: Windows & Mac OS Compatible
    Current version: 1.0.0
    Updated: Tuesday, 1 July 2025

    cTrader cBot Local Version Only

    Need a cTrader broker?  Open a demo account

    Educational use only: Read our disclaimer

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    cTrader License

    This purchase grants a 2-year license.





    When the price touches the outer Bollinger Band and RSI confirms an overbought or oversold condition, the bot opens a trade with a fixed Stop Loss and Take Profit. It is optimised for London and New York sessions and is ideal for trending markets.

    The entry logic is based on detecting extreme market conditions:

    • A sell trade is executed when the RSI is overbought and the price touches the upper Bollinger Band.
    • A buy trade is executed when the RSI is oversold and the price touches the lower Bollinger Band.

    This allows the bot to enter short-term pullbacks or trend reversals with a straightforward and optimised setup.

     

    Main Features

    • Transparent and customizable logic.
    • Compatible with multiple assets and market conditions.
    • Fully optimised with consistent backtest results.
    • Ideal for traders looking to automate entries based on overbought/oversold zones.

     

    Configurable Parameters

    • Bollinger Periods: Number of candles used to calculate the Bollinger Bands. Affects the sensitivity of the indicator (default: 28).
    • Bollinger Deviation: Standard deviation multiplier. Higher values place the bands further from the price(default: 2.8).
    • RSI Periods: Number of candles used to calculate the RSI. Lower values generate more frequent signals(default: 20).
    • RSI Overbought Level: RSI level above which the market is considered overbought (default: 75).
    • RSI Oversold Level: RSI level below which the market is considered oversold (default: 35).
    • Take Profit (pips): Target distance in pips to close a trade in profit(default: 20).
    • Stop Loss (pips): Maximum distance in pips to close a loss trade (default: 20).
    • Lot Size: Trade volume. Can be adjusted according to account size and risk preference.

     

    On-Demand Settings

    We can provide one set of optimised settings from the date you request them, going back one year, to demonstrate the product using historical price data. This product requires that you understand how to both backtest and optimise your settings in the future.

     
     

    How to Optimise

    You will need to learn how to optimise the cBots' settings regularly.

     

    What Results Can It Achieve?

    This automated trading system will automatically open, close, and manage your trades. However, we recommend that you acquire the following skills to protect your account against unpredictable market events.

    • cBot backtesting.
    • How to optimise this cBot.
    • Trading System Timing - When to Turn the cBot On or Off.
    • Financial market knowledge, when to close trades early and let winners run.

     

    How To Install & Remove

    First, ensure that you have the cTrader trading platform installed. Then, unzip the file and double-click it to install the platform automatically.

     

    Any Questions?

    If you have any questions, please first search our product help site for the answer. If you cannot find it, post a new question.