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 in accordance with the Rsi indicator. It opens Buy / Extended when Rsi goes beneath overSold level and Provide / Small when Rsi goes higher than overBought stage. It permits trader to vary Rsi options, ranges, lotsize, stoploss, takeprofit etcetera. Also, the EA gives Trailing stoploss, BreakEven, and Risk% lotsize to control trade efficiently and supply large gains.

The RSI EA is a robust expert advisor suitable Using the Metatrader 4 System, designed to streamline your trading course of action and maximize your trading income. By employing the favored Relative Toughness Index (RSI) indicator, this EA identifies overBought and overSold industry ailments, permitting it to execute trades routinely. With customizable parameters, traders can enhance their options to discover the ideal blend.

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Entry Criteria: The EA opens buy or sell trades according to the RSI inventory indicator. It triggers a Buy / Long trade in the event the RSI crosses underneath oversold (e.g. 30) as well as a Promote / Brief trade when RSI crosses above overbought (e.g. 70).
Exit Conditions: Trades is often closed on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA enables you to established stoploss and takeprofit on your trades.