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RSI OverBought OverSold EA MT4

RSI Trader EA for MetaTrader 4

Introduction:

Welcome to the RSI Trader EA, a specialized tool designed for MetaTrader 4. This expert advisor facilitates automated trading based on the Relative Strength Index (RSI) indicator's overbought and oversold regions. It allows for reverse trading setups in these zones and offers comprehensive control over trade execution.

You can find MT5 version here

Key Features:

  • Trade Parameters (LOTS, STOPLOSS, TAKEPROFIT): Configure lot size along with stop loss and take profit levels to manage risk and potential profit margins.

  • Trade Comment (TRADE_COMMNET): Customize trade comments for easy identification of trades initiated by the RSI Trader EA.

  • Magic Number Control (ENABLE_MAGIC_NUMBER, MAGIC_NUMBER_INPUT): Enable the use of magic numbers to identify and manage trades, offering seamless integration with manual or other automated strategies.

  • Trade Direction (TRADE_DIRECTION): Define trade direction preferences, including long-only, short-only, or both directions.

  • RSI Entry and Exit Settings (RSI1_PERIOD, RSI1_UPPER_LEVEL, RSI1_LOWER_LEVEL, RSI_BUY_MODE, RSI_SELL_MODE): Configure RSI parameters such as period, upper and lower levels for overbought and oversold regions, and select entry or exit modes.

  • Automated Trade Closure (PROFIT_AMOUNT, LOSS_AMOUNT, PROFIT_PERCENT, LOSS_PERCENT, CLOSE_AFTER_N_CANDLE): Set profit, loss targets, or percentages for automated trade closure, along with the number of candles before initiating closure.

Additional Functionality:

The RSI Trader EA offers diverse functionalities for automating trade execution based on RSI conditions. It allows traders to leverage the RSI indicator's signals effectively, providing flexibility in managing trade entries, exits, and automated closures.

Risk Management and Safeguards:

This EA includes risk management tools such as stop loss, take profit, and maximum drawdown settings. Additionally, it provides options for breakeven, trailing stop-loss, martingale strategies, grid trading, hedge settings, and position sizing to facilitate comprehensive risk management.

Usage Recommendations:

Before live deployment, thorough testing in a demo account is strongly recommended to assess the EA's performance and ensure compatibility with your trading strategy and risk tolerance.


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In the volatile world of Forex trading , high-impact news events can lead to significant market movements and opportunities. News EA MT4 is a perfect Forex robot specifically designed to capitalize on these moments of market turbulence. Equipped with cutting-edge algorithms and real-time news integration, News EA MT4 offers traders the edge needed to navigate during major economic announcements. Directly linked to major financial news sources, ensuring immediate response to high-impact events. H
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Ho Tuan Thang
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Diamond PRO is enhanced powerful version of Diamond for advanced traders. Pro version includes optimized cores, new impoved entry points filters, new multistage profit closure algorithm and сontains number of external control parameter that allows build and fine tune own tradind decisions and algorithms. The system provides more accurate market entries, analyzes and filters upcoming economic news, contains spread protection and an advanced position management algorithm. Main goal of Diamond PRO
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5 (8)
Il ne reste que 2 copieurs à ce prix, le prochain prix est de $1533 Consultez les résultats en direct ici : Signal personnel de 50K $ :   [Cliquez ici] Signal en direct de la société Prop :   [Cliquez ici] Version MT5 ici :   [Cliquez ici] Bienvenue sur   Quantum Algo Trading MT4 EA . Cet EA est conçu pour être bien plus qu'un simple système mécanique ; il sera votre compagnon tout au long de votre parcours de trading. L'EA utilise un système de breakout avec un algorithme optimisé par qu
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5 (65)
Smart Funded EA est un conseiller expert conçu pour réussir les défis HFT des sociétés de prop trading qui autorisent son utilisation. Quelles sociétés de prop trading HFT puis-je utiliser ? Il a été testé sur presque tous les défis de sociétés de prop trading HFT avec un taux de succès de 100 %, tels que Kortana Fx, Nova Funding, Fast Forex Funds, Infinity Forex Funds, Quantec Trading Capital, Next Step Funded, Msolutionff, Genesis Forex Funds, The Talented Traders, Only Funds, Tradicave et
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Confluence Indicator is unique indicator which collects differnt popular indicators and analyzes their data. It decides an overall trend with its strength. It is not only helpful for identifying the the current picture of the market but also helps traders to stay away from non trending market. It maximize the chance of winning by giving an aggregate picuture of markets best reliable technical indicator settings There are total 7 types of signal which this indicator provides. Each candle will sho
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Version 2.0 2024.02.05
lots of performance improvement