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 Obtain / Lengthy when Rsi goes below overSold stage and Market / Limited when Rsi goes earlier mentioned overBought degree. It will allow trader to alter Rsi configurations, ranges, lotsize, stoploss, takeprofit etc. In addition, the EA features Trailing stoploss, BreakEven, and Threat% lotsize to control trade properly and supply high income.

The RSI EA is a sturdy expert advisor compatible Together with the Metatrader 4 platform, built to streamline your investing course of action and optimize your investing profits. By employing the popular Relative Strength Index (RSI) indicator, this EA identifies overBought and overSold industry situations, making it possible for it to execute trades routinely. With customizable parameters, traders can optimize their configurations to find the finest combination.

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Entry Criteria: The EA opens get or sell trades based upon the RSI inventory indicator. It triggers a Buy / Prolonged trade if the RSI crosses down below oversold (e.g. thirty) in addition to a Sell / Brief trade when RSI crosses over overbought (e.g. 70).
Exit Requirements: Trades is often shut on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA permits you to set stoploss and takeprofit for the trades.