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 Buy / Long when Rsi goes underneath overSold amount and Promote / Small when Rsi goes over overBought degree. It makes it possible for trader to alter Rsi settings, levels, lotsize, stoploss, takeprofit and so on. In addition, the EA provides Trailing stoploss, BreakEven, and Risk% lotsize to control trade efficiently and provide superior earnings.

The RSI EA is a sturdy expert advisor compatible While using the Metatrader four platform, created to streamline your trading procedure and improve your buying and selling profits. By making use of the favored Relative Power Index (RSI) indicator, this EA identifies overBought and overSold market disorders, letting it to execute trades immediately. With customizable parameters, traders can optimize their settings to locate the most effective mix.

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Entry Criteria: The EA opens obtain or promote trades according to the RSI stock indicator. It triggers a Obtain / Lengthy trade once the RSI crosses underneath oversold (e.g. 30) and also a Provide / Short trade when RSI crosses above overbought (e.g. 70).
Exit Conditions: Trades is usually closed on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA permits you to established stoploss and takeprofit for the trades.