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 based on the Rsi indicator. It opens Acquire / Lengthy when Rsi goes under overSold amount and Market / Quick when Rsi goes higher than overBought stage. It allows trader to alter Rsi options, amounts, lotsize, stoploss, takeprofit and so on. In addition, the EA offers Trailing stoploss, BreakEven, and Hazard% lotsize to handle trade successfully and provide high income.

The RSI EA is a strong expert advisor appropriate Together with the Metatrader four System, made to streamline your trading course of action and improve your investing profits. By utilizing the favored Relative Energy Index (RSI) indicator, this EA identifies overBought and overSold market situations, letting it to execute trades quickly. With customizable parameters, traders can enhance their settings to discover the greatest mix.

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Entry Criteria: The EA opens obtain or promote trades dependant on the RSI stock indicator. It triggers a Obtain / Prolonged trade in the event the RSI crosses below oversold (e.g. 30) as well as a Promote / Shorter trade when RSI crosses earlier mentioned overbought (e.g. 70).
Exit Requirements: Trades could be shut on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA permits you to established stoploss and takeprofit for the trades.