If you belive that excessive selling of an asset often leads to an increase in price and vice-versa, this algo is probably for you. Warren Buffet once said that the secret to his billions was that he simply bought everything cheap, and sold it expensive.In many ways, this also holds true for trading forex. Although you cannot blindly open trades only in function of the RSI indicator, frequently what happens is that prices tend to retrace when RSI is higher than 70, and increase when RSI is lower than 30. This bot takes its starting point here.