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 Invest in / Lengthy when Rsi goes beneath overSold level and Sell / Shorter when Rsi goes higher than overBought stage. It makes it possible for trader to change Rsi configurations, stages, lotsize, stoploss, takeprofit and so on. In addition, the EA offers Trailing stoploss, BreakEven, and Possibility% lotsize to handle trade successfully and supply higher revenue.

The RSI EA is a robust expert advisor suitable with the Metatrader 4 platform, designed to streamline your trading course of action and maximize 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 greatest mixture.

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Entry Conditions: The EA opens invest in or provide trades based on the RSI inventory indicator. It triggers a Invest in / Extensive trade in the event the RSI crosses underneath oversold (e.g. 30) plus a Promote / Brief trade when RSI crosses over overbought (e.g. 70).
Exit Conditions: Trades is often closed on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA permits you to established stoploss and takeprofit for your personal trades.