EA RSI BOT v1.0 MT4 execute trades in accordance with the Rsi indicator. It opens Buy / Prolonged when Rsi goes underneath overSold stage and Market / Brief when Rsi goes over overBought level. It will allow trader to alter Rsi options, levels, lotsize, stoploss, takeprofit etcetera. On top of that, the EA delivers Trailing stoploss, BreakEven, and Threat% lotsize to deal with trade correctly and provide superior income.

The RSI EA is a strong expert advisor compatible with the Metatrader 4 System, designed to streamline your buying and selling process and increase your buying and selling gains. By using the popular Relative Energy Index (RSI) indicator, this EA identifies overBought and overSold marketplace ailments, permitting it to execute trades routinely. With customizable parameters, traders can enhance their options to discover the most effective mix.

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Entry Conditions: The EA opens buy or promote trades depending on the RSI stock indicator. It triggers a Purchase / Extended trade once the RSI crosses beneath oversold (e.g. 30) and a Sell / Short trade when RSI crosses higher than 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.