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 level and Market / Small when Rsi goes above overBought level. It permits trader to change Rsi configurations, levels, lotsize, stoploss, takeprofit etc. In addition, the EA gives Trailing stoploss, BreakEven, and Threat% lotsize to manage trade successfully and supply high income.

The RSI EA is a sturdy expert advisor suitable Using the Metatrader 4 System, made to streamline your trading procedure and maximize your investing revenue. By making use of the popular Relative Toughness Index (RSI) indicator, this EA identifies overBought and overSold sector conditions, permitting it to execute trades instantly. With customizable parameters, traders can improve their options to find the most effective mixture.

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Entry Criteria: The EA opens obtain or sell trades determined by the RSI inventory indicator. It triggers a Purchase / Very long trade in the event the RSI crosses beneath oversold (e.g. 30) as well as a Offer / Short trade when RSI crosses over overbought (e.g. 70).
Exit Requirements: Trades is often closed on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA means that you can set stoploss and takeprofit on your trades.