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 Buy / Lengthy when Rsi goes down below overSold stage and Provide / Small when Rsi goes higher than overBought level. It will allow trader to alter Rsi configurations, degrees, lotsize, stoploss, takeprofit etcetera. Moreover, the EA delivers Trailing stoploss, BreakEven, and Chance% lotsize to manage trade effectively and supply significant gains.

The RSI EA is a sturdy expert advisor compatible With all the Metatrader 4 System, meant to streamline your trading approach and optimize your investing gains. By using the popular Relative Energy Index (RSI) indicator, this EA identifies overBought and overSold market circumstances, permitting it to execute trades mechanically. With customizable parameters, traders can improve their configurations to discover the most effective mixture.

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Entry Criteria: The EA opens get or offer trades based on the RSI inventory indicator. It triggers a Buy / Lengthy trade when the RSI crosses below oversold (e.g. thirty) and a Provide / Quick trade when RSI crosses earlier mentioned overbought (e.g. 70).
Exit Standards: Trades might be closed on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA lets you set stoploss and takeprofit for your trades.