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 Get / Long when Rsi goes underneath overSold stage and Market / Quick when Rsi goes previously mentioned overBought degree. It enables trader to vary Rsi options, ranges, lotsize, stoploss, takeprofit etc. Additionally, the EA presents Trailing stoploss, BreakEven, and Threat% lotsize to deal with trade properly and supply higher revenue.

The RSI EA is a strong expert advisor suitable While using the Metatrader 4 System, meant to streamline your buying and selling approach and optimize your trading gains. By using the favored Relative Strength Index (RSI) indicator, this EA identifies overBought and overSold sector problems, making it possible for it to execute trades instantly. With customizable parameters, traders can optimize their options to discover the very best mixture.

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Entry Conditions: The EA opens acquire or market trades based upon the RSI inventory indicator. It triggers a Buy / Very long trade in the event the RSI crosses down below oversold (e.g. thirty) in addition to a Provide / Quick trade when RSI crosses above overbought (e.g. 70).
Exit Criteria: Trades may be shut on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA enables you to established stoploss and takeprofit for the trades.