EA RSI BOT v1.0 MT4 execute trades in accordance with the Rsi indicator. It opens Acquire / Extensive when Rsi goes below overSold amount and Provide / Small when Rsi goes higher than overBought stage. It permits trader to change Rsi configurations, amounts, lotsize, stoploss, takeprofit etc. On top of that, the EA features Trailing stoploss, BreakEven, and Possibility% lotsize to handle trade effectively and provide high revenue.
The RSI EA is a robust expert advisor suitable with the Metatrader 4 System, designed to streamline your trading course of action and maximize your trading income. By employing the favored Relative Toughness Index (RSI) indicator, this EA identifies overBought and overSold industry ailments, permitting it to execute trades routinely. With customizable parameters, traders can enhance their options to discover the finest mix.
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Entry Criteria: The EA opens purchase or promote trades depending on the RSI stock indicator. It triggers a Purchase / Lengthy trade when the RSI crosses down below oversold (e.g. thirty) plus a Market / Quick 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.