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 according to the Rsi indicator. It opens Invest in / Long when Rsi goes below overSold degree and Promote / Short when Rsi goes above overBought degree. It permits trader to vary Rsi settings, levels, lotsize, stoploss, takeprofit and so forth. Moreover, the EA presents Trailing stoploss, BreakEven, and Risk% lotsize to control trade efficiently and supply substantial profits.

The RSI EA is a sturdy expert advisor suitable Using the Metatrader 4 platform, made to streamline your trading system and improve your investing gains. By utilizing the favored Relative Toughness Index (RSI) indicator, this EA identifies overBought and overSold marketplace problems, allowing it to execute trades immediately. With customizable parameters, traders can improve their options to find the best mix.

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Entry Conditions: The EA opens obtain or promote trades according to the RSI stock indicator. It triggers a Buy / Very long trade when the RSI crosses underneath oversold (e.g. thirty) along with a Offer / Short trade when RSI crosses earlier mentioned overbought (e.g. 70).
Exit Conditions: Trades may be closed on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA lets you set stoploss and takeprofit on your trades.