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 according to the Rsi indicator. It opens Purchase / Lengthy when Rsi goes beneath overSold stage and Promote / Shorter when Rsi goes higher than overBought stage. It makes it possible for trader to change Rsi configurations, degrees, lotsize, stoploss, takeprofit and so forth. Furthermore, the EA provides Trailing stoploss, BreakEven, and Risk% lotsize to control trade efficiently and supply large gains.

The RSI EA is a sturdy expert advisor appropriate Together with the Metatrader four platform, built to streamline your trading approach and improve your trading income. By employing the favored Relative Strength Index (RSI) indicator, this EA identifies overBought and overSold market place disorders, letting it to execute trades automatically. With customizable parameters, traders can optimize their settings to find the ideal blend.

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Entry Requirements: The EA opens get or market trades based upon the RSI inventory indicator. It triggers a Obtain / Extensive trade in the event the RSI crosses down below oversold (e.g. thirty) and also a Offer / Limited trade when RSI crosses earlier mentioned overbought (e.g. 70).
Exit Requirements: Trades could be closed on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA allows you to established stoploss and takeprofit on your trades.