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 / Prolonged when Rsi goes under overSold level and Market / Short when Rsi goes earlier mentioned overBought amount. It permits trader to alter Rsi configurations, ranges, lotsize, stoploss, takeprofit and so on. Moreover, the EA offers Trailing stoploss, BreakEven, and Chance% lotsize to deal with trade effectively and provide significant earnings.
The RSI EA is a sturdy expert advisor suitable with the Metatrader 4 System, created to streamline your trading course of action and improve your investing revenue. By making use of the favored Relative Power Index (RSI) indicator, this EA identifies overBought and overSold current market problems, letting it to execute trades automatically. With customizable parameters, traders can improve their options to find the greatest mix.
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Entry Criteria: The EA opens obtain or sell trades dependant on the RSI stock indicator. It triggers a Acquire / Extensive trade when the RSI crosses under oversold (e.g. 30) and a Promote / Limited trade when RSI crosses higher than overbought (e.g. 70).
Exit Conditions: Trades may be shut on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA enables you to established stoploss and takeprofit for your personal trades.