EA RSI BOT v1.0 MT4 execute trades based on the Rsi indicator. It opens Purchase / Prolonged when Rsi goes beneath overSold degree and Promote / Brief when Rsi goes earlier mentioned overBought level. It permits trader to change Rsi options, ranges, lotsize, stoploss, takeprofit etc. On top of that, the EA presents Trailing stoploss, BreakEven, and Threat% lotsize to deal with trade proficiently and provide significant earnings.

The RSI EA is a sturdy expert advisor appropriate Along with the Metatrader four platform, intended to streamline your investing method and optimize your investing profits. By using the favored Relative Energy Index (RSI) indicator, this EA identifies overBought and overSold market situations, allowing for it to execute trades instantly. With customizable parameters, traders can enhance their options to discover the ideal blend.

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Entry Criteria: The EA opens buy or sell trades depending on the RSI stock indicator. It triggers a Purchase / Extended trade when the RSI crosses below oversold (e.g. thirty) in addition to a Provide / Small trade when RSI crosses earlier mentioned overbought (e.g. 70).
Exit Standards: Trades could be shut on Takeprofit, Trailing stoploss or BreakEven.
StopLoss and TakeProfit: The EA helps you to established stoploss and takeprofit to your trades.