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 Purchase / Prolonged when Rsi goes underneath overSold degree and Promote / Short when Rsi goes above overBought amount. It makes it possible for trader to change Rsi configurations, stages, lotsize, stoploss, takeprofit and so on. Additionally, the EA features Trailing stoploss, BreakEven, and Possibility% lotsize to manage trade correctly and provide superior income.

The RSI EA is a strong expert advisor compatible Along with the Metatrader 4 platform, built to streamline your trading approach and improve your trading income. By making use of the favored Relative Strength Index (RSI) indicator, this EA identifies overBought and overSold industry disorders, enabling it to execute trades mechanically. With customizable parameters, traders can improve their configurations to locate the best combination.

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Entry Standards: The EA opens obtain or offer trades dependant on the RSI inventory indicator. It triggers a Obtain / Extensive trade in the event the RSI crosses underneath oversold (e.g. 30) as well as a Promote / Brief trade when RSI crosses over overbought (e.g. 70).
Exit Criteria: Trades is usually shut on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA lets you set stoploss and takeprofit for your personal trades.