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

EA RSI BOT v1.0 MT4 execute trades in accordance with the Rsi indicator. It opens Get / Extensive when Rsi goes beneath overSold level and Offer / Shorter when Rsi goes over overBought degree. It permits trader to vary Rsi options, amounts, lotsize, stoploss, takeprofit and so on. Furthermore, the EA provides Trailing stoploss, BreakEven, and Risk% lotsize to handle trade successfully and provide high gains.

The RSI EA is a sturdy expert advisor appropriate Together with the Metatrader four System, made to streamline your buying and selling system and maximize your trading profits. By utilizing the favored Relative Power Index (RSI) indicator, this EA identifies overBought and overSold current market disorders, permitting it to execute trades instantly. With customizable parameters, traders can improve their options to find the most effective blend.

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Entry Criteria: The EA opens obtain or promote trades based on the RSI stock indicator. It triggers a Obtain / Lengthy trade in the event the RSI crosses below oversold (e.g. 30) plus a Provide / Short trade when RSI crosses earlier mentioned overbought (e.g. 70).
Exit Requirements: Trades might be closed on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA helps you to established stoploss and takeprofit in your trades.

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