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 / Extended when Rsi goes underneath overSold stage and Offer / Shorter when Rsi goes earlier mentioned overBought amount. It will allow trader to alter Rsi settings, levels, lotsize, stoploss, takeprofit etc. In addition, the EA offers Trailing stoploss, BreakEven, and Hazard% lotsize to handle trade efficiently and supply significant revenue.

The RSI EA is a robust expert advisor suitable While using the Metatrader four platform, intended to streamline your buying and selling method and improve your investing gains. By employing the favored Relative Power Index (RSI) indicator, this EA identifies overBought and overSold sector conditions, allowing it to execute trades quickly. With customizable parameters, traders can improve their settings to discover the very best combination.

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Entry Requirements: The EA opens obtain or offer trades based on the RSI stock indicator. It triggers a Invest in / Long trade when the RSI crosses below oversold (e.g. 30) plus a Market / Shorter trade when RSI crosses previously mentioned overbought (e.g. 70).
Exit Requirements: Trades is often closed on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA means that you can established stoploss and takeprofit for your trades.