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 Get / Very long when Rsi goes down below overSold stage and Market / Brief when Rsi goes over overBought amount. It lets trader to change Rsi configurations, stages, lotsize, stoploss, takeprofit and so on. In addition, the EA offers Trailing stoploss, BreakEven, and Possibility% lotsize to handle trade effectively and provide superior income.

The RSI EA is a strong expert advisor compatible While using the Metatrader 4 platform, meant to streamline your trading course of action and maximize your trading income. By employing the favored Relative Strength Index (RSI) indicator, this EA identifies overBought and overSold industry disorders, making it possible for it to execute trades quickly. With customizable parameters, traders can optimize their settings to find the very best mixture.

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Entry Standards: The EA opens invest in 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. thirty) plus a Promote / 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.