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 Get / Lengthy when Rsi goes under overSold degree and Market / Limited when Rsi goes earlier mentioned overBought stage. It makes it possible for trader to change Rsi settings, concentrations, lotsize, stoploss, takeprofit and so on. Also, the EA delivers Trailing stoploss, BreakEven, and Chance% lotsize to control trade effectively and provide superior earnings.

The RSI EA is a sturdy expert advisor suitable Using the Metatrader 4 System, created to streamline your trading approach and improve your trading earnings. By utilizing the favored Relative Energy 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 settings to locate the ideal mix.

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Entry Criteria: The EA opens obtain or sell trades based upon the RSI inventory indicator. It triggers a Acquire / Extensive trade when the RSI crosses under oversold (e.g. 30) and also a Provide / Brief trade when RSI crosses earlier mentioned overbought (e.g. 70).
Exit Standards: Trades could be closed on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA lets you set stoploss and takeprofit for the trades.