EA RSI BOT v1.0 MT4 + Sets (Works on Build 1421+) | Forex Robot | MT4 Expert Advisor

EA RSI BOT v1.0 MT4 execute trades based on the Rsi indicator. It opens Invest in / Very long when Rsi goes down below overSold level and Sell / Quick when Rsi goes earlier mentioned overBought stage. It makes it possible for trader to change Rsi configurations, concentrations, lotsize, stoploss, takeprofit etcetera. Additionally, the EA offers Trailing stoploss, BreakEven, and Hazard% lotsize to manage trade successfully and provide higher revenue.

The RSI EA is a sturdy expert advisor appropriate Along with the Metatrader four platform, built to streamline your investing method and improve your investing earnings. By making use of the favored Relative Toughness Index (RSI) indicator, this EA identifies overBought and overSold marketplace problems, allowing it to execute trades instantly. With customizable parameters, traders can enhance their options to find the ideal blend.

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Entry Criteria: The EA opens buy or sell trades according to the RSI stock indicator. It triggers a Buy / Long trade when the RSI crosses down below oversold (e.g. thirty) plus a Market / 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 permits you to established stoploss and takeprofit for your personal trades.

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