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 Acquire / Very long when Rsi goes down below overSold stage and Offer / Limited when Rsi goes earlier mentioned overBought degree. It enables trader to vary Rsi options, ranges, lotsize, stoploss, takeprofit etc. Additionally, the EA features Trailing stoploss, BreakEven, and Possibility% lotsize to handle trade efficiently and supply large profits.

The RSI EA is a sturdy expert advisor appropriate Together with the Metatrader four platform, built to streamline your trading course of action and maximize your trading revenue. By employing the popular Relative Power Index (RSI) indicator, this EA identifies overBought and overSold current market circumstances, letting it to execute trades instantly. With customizable parameters, traders can enhance their options to discover the finest mix.

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Entry Conditions: The EA opens acquire or market trades based upon the RSI inventory indicator. It triggers a Get / Very long trade if the RSI crosses under oversold (e.g. 30) along with a Sell / Short trade when RSI crosses above overbought (e.g. 70).
Exit Conditions: Trades might be closed on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA enables you to established stoploss and takeprofit on your trades.