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 Buy / Prolonged when Rsi goes underneath overSold stage and Market / Quick when Rsi goes previously mentioned overBought level. It allows trader to vary Rsi settings, levels, lotsize, stoploss, takeprofit and many others. Furthermore, the EA provides Trailing stoploss, BreakEven, and Hazard% lotsize to control trade efficiently and supply large gains.

The RSI EA is a robust expert advisor suitable Using the Metatrader four System, made to streamline your buying and selling process and increase your buying and selling gains. By utilizing the popular Relative Power 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 improve their configurations to locate the best combination.

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Entry Conditions: The EA opens invest in or provide trades based on the RSI inventory indicator. It triggers a Buy / Long trade when the RSI crosses down below oversold (e.g. thirty) and also a Market / Limited trade when RSI crosses previously mentioned overbought (e.g. 70).
Exit Requirements: Trades can be shut on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA means that you can set stoploss and takeprofit for your trades.