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 Invest in / Lengthy when Rsi goes below overSold amount and Provide / Small when Rsi goes earlier mentioned overBought degree. It enables trader to vary Rsi settings, levels, lotsize, stoploss, takeprofit etcetera. Also, the EA gives Trailing stoploss, BreakEven, and Risk% lotsize to control trade efficiently and supply large gains.

The RSI EA is a robust expert advisor suitable Using the Metatrader 4 System, made to streamline your buying and selling system and maximize your buying and selling revenue. By employing the popular Relative Strength Index (RSI) indicator, this EA identifies overBought and overSold current market conditions, making it possible for it to execute trades quickly. With customizable parameters, traders can optimize their settings to locate the very best combination.

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Entry Standards: The EA opens obtain or provide trades based on the RSI inventory indicator. It triggers a Invest in / Extensive trade in the event the RSI crosses underneath oversold (e.g. 30) as well as a Market / Quick trade when RSI crosses over overbought (e.g. 70).
Exit Criteria: Trades is usually closed on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA lets you set stoploss and takeprofit for your personal trades.