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 based on the Rsi indicator. It opens Obtain / Extended when Rsi goes under overSold degree and Sell / Limited when Rsi goes earlier mentioned overBought degree. It allows trader to alter Rsi configurations, stages, lotsize, stoploss, takeprofit and so on. On top of that, the EA gives Trailing stoploss, BreakEven, and Risk% lotsize to handle trade correctly and supply high income.

The RSI EA is a robust expert advisor suitable While using the Metatrader 4 System, designed to streamline your investing system and improve your buying and selling earnings. By utilizing the favored Relative Toughness Index (RSI) indicator, this EA identifies overBought and overSold industry disorders, making it possible for it to execute trades routinely. With customizable parameters, traders can optimize their options to locate the greatest mixture.

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Entry Conditions: The EA opens purchase or market trades based on the RSI stock indicator. It triggers a Acquire / Long trade once the RSI crosses under oversold (e.g. thirty) in addition to a Sell / Short trade when RSI crosses over overbought (e.g. 70).
Exit Criteria: Trades may be shut on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA enables you to established stoploss and takeprofit in your trades.