EA RSI BOT v1.0 MT4 + Sets (Works on Build 1421+) | Forex Robot | MT4 Expert Advisor

EA RSI BOT v1.0 MT4 + Sets (Works on Build 1421+) | Forex Robot | MT4 Expert Advisor

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EA RSI BOT v1.0 MT4 execute trades based on the Rsi indicator. It opens Obtain / Prolonged when Rsi goes below overSold amount and Sell / Brief when Rsi goes previously mentioned overBought degree. It makes it possible for trader to change Rsi configurations, levels, lotsize, stoploss, takeprofit etcetera. On top of that, the EA features Trailing stoploss, BreakEven, and Possibility% lotsize to control trade properly and supply large gains.

The RSI EA is a robust expert advisor compatible with the Metatrader 4 platform, built to streamline your investing procedure and increase your trading profits. By using the popular Relative Strength Index (RSI) indicator, this EA identifies overBought and overSold industry problems, letting it to execute trades mechanically. With customizable parameters, traders can enhance their settings to locate the finest mixture.

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Entry Conditions: The EA opens get or sell trades based upon the RSI inventory indicator. It triggers a Purchase / Extensive trade when the RSI crosses under oversold (e.g. 30) and a Sell / Quick trade when RSI crosses higher than overbought (e.g. 70).
Exit Criteria: Trades may be shut on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA permits you to set stoploss and takeprofit for the trades.