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 according to the Rsi indicator. It opens Buy / Prolonged when Rsi goes down below overSold amount and Provide / Shorter when Rsi goes above overBought amount. It lets trader to alter Rsi settings, levels, lotsize, stoploss, takeprofit and many others. Furthermore, the EA provides Trailing stoploss, BreakEven, and Threat% lotsize to manage trade correctly and provide high revenue.

The RSI EA is a robust expert advisor suitable with the Metatrader 4 System, created to streamline your trading procedure and maximize your buying and selling revenue. By using the favored Relative Strength Index (RSI) indicator, this EA identifies overBought and overSold market place conditions, letting it to execute trades automatically. With customizable parameters, traders can optimize their settings to find the ideal blend.

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Entry Criteria: The EA opens get or sell trades dependant on the RSI stock indicator. It triggers a Acquire / Prolonged trade once the RSI crosses under oversold (e.g. 30) along with a Sell / Short trade when RSI crosses higher than overbought (e.g. 70).
Exit Requirements: Trades can be closed on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA enables you to set stoploss and takeprofit on your trades.