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 / Long when Rsi goes down below overSold amount and Offer / Quick when Rsi goes previously mentioned overBought level. It allows trader to alter Rsi settings, concentrations, lotsize, stoploss, takeprofit and many others. Moreover, the EA provides Trailing stoploss, BreakEven, and Hazard% lotsize to handle trade successfully and supply higher revenue.

The RSI EA is a robust expert advisor suitable with the Metatrader 4 platform, meant to streamline your trading course of action and maximize your trading income. By making use of the favored Relative Strength Index (RSI) indicator, this EA identifies overBought and overSold industry disorders, enabling it to execute trades mechanically. With customizable parameters, traders can improve their configurations to locate the most effective combination.

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Entry Requirements: The EA opens get or offer trades based upon the RSI inventory indicator. It triggers a Get / Very long trade if the RSI crosses under oversold (e.g. 30) along with a Sell / Short trade when RSI crosses above overbought (e.g. 70).
Exit Conditions: Trades might be closed on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA enables you to established stoploss and takeprofit on your trades.