EA RSI BOT v1.0 MT4 execute trades based on the Rsi indicator. It opens Purchase / Prolonged when Rsi goes under overSold degree and Promote / Brief when Rsi goes above overBought amount. It lets trader to change Rsi configurations, stages, lotsize, stoploss, takeprofit and so forth. Furthermore, the EA provides Trailing stoploss, BreakEven, and Hazard% lotsize to handle trade successfully and supply large gains.

The RSI EA is a robust expert advisor suitable Using the Metatrader 4 System, made to streamline your buying and selling system and increase your buying and selling revenue. By employing the popular Relative Strength Index (RSI) indicator, this EA identifies overBought and overSold current market conditions, 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 down below 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.