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Free RSI EA

3.5

Free RSI expert advisor is a completely free expert advisor that trades using rsi level crosses. You can set which levels the Ea should use to open and close trades. The various settings are explained below.

NOTE: The default settings are just place holders and not necessarily the best. Use the settings that best suites you or your strategy.

  • Lots- This is the lot size of the EAs trades. 0.1 is the default setting.
  • AllowBuy- Set to true to allow buy trades. This setting is true by default.
  • AllowSell- Set to true to allow sell trades. This setting is true by default.
  • StartHour- The terminal hour of which the EA should start trading.
  • EndHour- The hour of which the EA should stop trading. By default the EA is set to stay active the whole day.
  • RSI settings- These are settings for the RSI to be used. Default settings are as the default mt4 RSI settings.
  • BuyPoint- RSI level of which if crossed upwards, a buy trade opens and any open sell trade from the ea is closed.
  • SellPoint- RSI level of which if crossed downwards, a sell trade opens and any open buy trade from the ea is closed.
  • MagicNumber- This is the unique identifier for the EAs trades. This number must be different for each chart you've attached the EA only if the chart currency pairs are the same.
Reviews 7
zika79rus
143
zika79rus 2023.05.12 13:40 
 

пока он хорош, за 24 часа со 100 американских рублей сделал 150. я думаю что это хороший результат на минималках.

pierlemaire
34
pierlemaire 2018.06.04 11:31 
 

best Ea i hsve check

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The XG Gold Robot MT4 is specially designed for Gold. We decided to include this EA in our offering after   extensive testing . XG Gold Robot and works perfectly with the   XAUUSD, GOLD, XAUEUR   pairs. XG Gold Robot has been created for all traders who like to   Trade in Gold   and includes additional a function that displays   weekly Gold levels   with the minimum and maximum displayed in the panel as well as on the chart, which will help you in manual trading. It’s a strategy based on  Price
EA Black Dragon
Ramil Minniakhmetov
4.78 (498)
EA Black Dragon runs on the Black Dragon indicator. The EA opens a deal by indicator color, then there is the opportunity to increase the network of orders or work with stop loss. IMPORTANT! Contact me immediately after the purchase to get instructions and a bonus! Real operation monitoring as well as my other products can be found here:  https://www.mql5.com/en/users/mechanic/seller      Inputs Value  ·          Open new series – True/False – EA will open another series of orders (enable/d
Reverse Grid MT4
Connor Michael Woodson
5 (3)
Reverse Grid enters positions in the opposite direction of a normal grid, exponentially increasing position size in the direction of the trend before reaching a large take profit. IMPORTANT! Contact me after purchase for instructions and a bonus! Reverse Grid live signal coming soon! Current price will be increased. Limited time price 50 USD Smart take profit system, the EA predicts when to exit before price reverses Relatively low potential drawdown compared to a regular grid Recommended
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Automatic fibonacci with alerts is an indicator that automatically plots a fibonacci retracement based on the number of bars you select on the BarsToScan setting in the indicator. The fibonacci is automatically updated in real time as new highest and lowest values appear amongst the selected bars. You can select which level values to be displayed in the indicator settings. You can also select the color of the levels thus enabling the trader to be able to attach the indicator several times with d
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Trade simplifier premium is a trade panel that simplifies trade opening. It is simple and easy to understand, with key features to ease trading. Features include: Order type selection Fixed lot entry from the chart user interface Easy Take profit entry field on the chart user interface Visual take profit selection and adjustment via the line that appears when you click the Take Profit button Easy Stop loss entry field in points on the chart user interface  Visual Stop Loss selection and adjust
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el.atrash
14
el.atrash 2024.11.13 12:03 
 

NO TRADE MADE

Tonny Obare
77675
Reply from developer Tonny Obare 2024.11.14 16:20
Kindly countercheck your settings as you are the only one reporting this.
zika79rus
143
zika79rus 2023.05.12 13:40 
 

пока он хорош, за 24 часа со 100 американских рублей сделал 150. я думаю что это хороший результат на минималках.

Aadil Saloojee
18
Aadil Saloojee 2021.11.10 13:28 
 

User didn't leave any comment to the rating

rayray
116
rayray 2020.11.30 12:14 
 

Hello, I cannot load Free RSI EA to my charts. Help please. My broker is Alpari MT+ Build 1310. İn fact none of the EAs in Experts/Market are loaded. 2020.11.30 03:10:56.653 cannot load 'C:\Users\r...f\AppData\Roaming\MetaQuotes\Terminal\49EDAD93...\MQL4\Experts\Free RSI EA.ex4'

Fernando F. Souto
524
Fernando F. Souto 2020.05.31 06:23 
 

User didn't leave any comment to the rating

JAMEEL ZAKI J ALFAQIH
564
JAMEEL ZAKI J ALFAQIH 2019.11.07 19:37 
 

very risky , no sl no tp the price swmming in air , i lose 60% of my balance dont try it

Tonny Obare
77675
Reply from developer Tonny Obare 2024.11.14 16:16
Hello. For more features get the premium version called RSI strategies EA.
jordan.bi
69
jordan.bi 2018.12.07 12:06 
 

User didn't leave any comment to the rating

pierlemaire
34
pierlemaire 2018.06.04 11:31 
 

best Ea i hsve check

Matthew Todorovski
12938
Matthew Todorovski 2018.05.10 14:17 
 

User didn't leave any comment to the rating

Andrey Litvichenko
7577
Andrey Litvichenko 2017.10.21 12:59 
 

User didn't leave any comment to the rating

Nork
6192
Nork 2017.07.22 21:05 
 

User didn't leave any comment to the rating

Vyacheslav Korolev
4682
Vyacheslav Korolev 2017.05.05 14:25 
 

User didn't leave any comment to the rating

Gennadiy Voltornist
11909
Gennadiy Voltornist 2017.02.25 10:24 
 

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Maksym Mudrakov
29951
Maksym Mudrakov 2017.02.09 14:09 
 

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Juvenille Emperor Limited
78714
Eleni Anna Branou 2017.02.08 09:50 
 

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Reply to review
Version 1.10 2019.07.23
Minor updates.