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 Invest in / Lengthy when Rsi goes beneath overSold level and Sell / Short when Rsi goes above overBought stage. It makes it possible for trader to change Rsi configurations, stages, lotsize, stoploss, takeprofit and so forth. In addition, the EA offers Trailing stoploss, BreakEven, and Possibility% lotsize to handle trade effectively and provide high revenue.

The RSI EA is a robust expert advisor compatible While using the Metatrader 4 platform, meant to streamline your trading course of action and maximize your buying and selling revenue. By utilizing the popular Relative Strength Index (RSI) indicator, this EA identifies overBought and overSold current market conditions, making it possible for it to execute trades automatically. With customizable parameters, traders can optimize their settings to find the very best mixture.

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Entry Conditions: The EA opens invest in or provide trades according to the RSI stock indicator. It triggers a Buy / Lengthy trade when the RSI crosses below oversold (e.g. thirty) and also a Offer / Limited trade when RSI crosses previously mentioned overbought (e.g. 70).
Exit Requirements: Trades may be shut on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA helps you to set stoploss and takeprofit for the trades.