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 Buy / Prolonged when Rsi goes under overSold level and Provide / Small when Rsi goes earlier mentioned overBought level. It will allow trader to change Rsi options, levels, lotsize, stoploss, takeprofit and so forth. In addition, the EA offers Trailing stoploss, BreakEven, and Possibility% lotsize to manage trade properly and provide significant profits.

The RSI EA is a robust expert advisor appropriate With all the Metatrader 4 System, made to streamline your trading procedure and maximize your investing revenue. By using the favored Relative Energy Index (RSI) indicator, this EA identifies overBought and overSold current market problems, letting it to execute trades routinely. With customizable parameters, traders can optimize their settings to discover the very best mix.

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Entry Conditions: The EA opens acquire or market trades based on the RSI stock indicator. It triggers a Purchase / Very long trade in the event the RSI crosses down below oversold (e.g. thirty) and a Sell / Brief trade when RSI crosses over overbought (e.g. 70).
Exit Criteria: Trades may be shut on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA helps you to set stoploss and takeprofit for the trades.