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RSI OverBought OverSold EA MT4

Relative Strength Index(RSI) Strategy EA MT4

an advanced tool designed exclusively for MetaTrader 4. This expert advisor streamlines trading activities by harnessing the power of the Relative Strength Index (RSI) indicator, automating trade entries and exits based on overbought and oversold conditions. The EA also facilitates reverse trading setups within these zones, offering a versatile approach to managing trades.

For detailed documentation  General Settings/Input Guide |  Indicator Settings/Input Guide  | Backtests and Set files 

You can find MT5 version here

High Level Overview of Features

Implements a robust, backtested trading strategy.

Supports multiple timeframes and multi-currency trading.

Allows for customizable parameters like lot sizes, indicators, and entry/exit criteria.

Offers clear Stop-Loss and Take-Profit settings.

Includes trailing stops to secure profits.

Uses position sizing to manage overall risk.

Has drawdown protection and spread/slippage filters.

Provides multiple entry methods (breakouts, reversals, trend-following).

Offers flexible exit rules (indicator-based, time-based, or profit-based).

Executes trades quickly with minimal delay.

Uses efficient, non-lagging indicators.

Consumes low system resources.

Delivers on-screen pop-ups and audio alerts.

Sends email or push notifications.

Adjustable input parameters and filters (time of day, sessions, day-of-week).

Modifiable indicator thresholds and conditions.

Adapts to various market conditions.

Supports historical data testing for performance validation.

Allows parameter optimization to find the best settings.

Displays a real-time dashboard of open trades, account equity, and system metrics.

Presents intuitive and well-organized input menus.

Offers clear documentation and user guides.

Incorporates slippage and spread controls.

Implements error-handling and logging.

Provides daily, weekly, and monthly trade summaries.

Tracks metrics like maximum drawdown, win rate, and profit factor.

Works seamlessly on MT4/MT5 platforms.

Receives regular updates and improvements.

Maintains reliable performance and stable operations over time.

Usage Recommendations:

Prior to deploying in live markets, thorough testing in a demo account is strongly advised. This ensures a comprehensive evaluation of the EA's performance, its alignment with your trading strategy, and an assessment of risk tolerance levels.

If you want to try the free trial version for 7 days, feel free to reach out to me via the profile section.



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5 (3)
Experts
Presentazione di CyBRG RX: L'assistente di trading di nuova generazione Entra nel futuro del trading con CyBRG RX, il tuo compagno di trading all'avanguardia progettato per migliorare la tua esperienza di trading. Sfruttando la potenza delle reti neurali avanzate, CyBRG RX è progettato per analizzare e adattarsi alle condizioni di mercato in continua evoluzione con una precisione senza pari. Segnali:   Segnale dal vivo 1 Segnale dal vivo 2 Poiché questa strategia è così unica, voglio vender
XG Gold Robot MT4
Marzena Maria Szmit
4.52 (27)
Experts
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
Form designer ver4
Maryna Shulzhenko
5 (1)
Experts
Form Designer : Advanced Trading Bot for Forex and Cryptocurrency Markets Form Designer represents the latest advancement in automated trading technology designed to perform optimally in both the Forex and Cryptocurrency markets (with supported brokers). This highly effective tool has unique capabilities, making it an indispensable assistant for traders. Key features and benefits: Multi-currency: Form Designer supports a wide range of currency pairs, providing flexibility and versatility in t
Gyroscopes
Nadiya Mirosh
Experts
Gyroscope        professional forex expert   (for EURUSD, GBPUSD, USDJPY, AUDUSD, USDCHF, EURGBP, EURJPY, NZDUSD, USDCAD, EURCHF, AUDJPY, CADJPY pairs)   alyzing the market using the Elliot Wave Index. Elliott wave theory is the interpretation of processes in financial markets through a system of visual models (waves) on price charts. The author of the theory, Ralph Elliott, identified eight variants of alternating waves (of which five are in the trend and three are against the trend). The mov
Reverse Grid MT4
Connor Michael Woodson
2.06 (16)
Experts
Reverse Grid apre posizioni nella direzione opposta a una griglia normale, aumentando esponenzialmente la dimensione delle posizioni nella direzione del trend prima di raggiungere un grande take profit. IMPORTANTE! Contattami dopo l'acquisto per istruzioni e un bonus! Il segnale live di Reverse Grid arriverà presto! Il prezzo attuale sarà aumentato. Prezzo limitato 75 USD Sistema intelligente di take profit, l'EA prevede quando uscire prima che il prezzo si inverta Drawdown potenziale relativa
Bitcoin Scalping MT4
Lo Thi Mai Loan
3 (2)
Experts
Presentazione di Bitcoin Scalping MT4/MT5 – L'EA intelligente per il trading di criptovalute PROMOZIONE DI LANCIO: Solo 3 copie rimaste al prezzo attuale! Prezzo finale: 3333,33 $ BONUS - ACQUISTA BITCOIN SCALPING A VITA E OBTIENI GRATUITAMENTE EA EURUSD Algo Trading (2 conti) => Chiedi maggiori dettagli in privato!!! SEGNALE LIVE EA Versione MT5 Perché Bitcoin è importante oggi Bitcoin è diventato più di una semplice valuta digitale: è una rivoluzione finanziaria. Come pioniere delle criptov
AW Recovery EA
AW Trading Software Limited
4.37 (78)
Experts
L'Expert Advisor è un sistema pensato per recuperare posizioni non redditizie.   L'algoritmo dell'autore blocca una posizione perdente, la divide in molte parti separate e chiude ciascuna di esse separatamente. La facile configurazione, il lancio ritardato in caso di drawdown, il blocco, la disabilitazione di altri Expert Advisor, la media con il filtraggio delle tendenze e la chiusura parziale di una posizione in perdita sono integrati in un unico strumento. È l'uso della chiusura delle perdit
Recovery Manager Pro MT4
Ianina Nadirova
5 (1)
Experts
Recovery Manager Pro è un sistema per recuperare i prelievi da altri consulenti o da ordini aperti manualmente. RM Pro ha la capacità di adattarsi automaticamente in modo dinamico. Il trader deve selezionare il livello di rischio e il consulente lavorerà in modalità completamente automatica. Può funzionare in modalità di recupero prelievo e in modalità standby! Se un altro consulente genera un prelievo, RM Pro lo disabiliterà, bloccherà la posizione e avvierà il processo di ripristino del depos
Altri dall’autore
Moving Average Crossover EA MT5
Biswarup Banerjee
Experts
Moving Average Strategy EA MT5 Welcome to the pinnacle of automated trading with the Moving Average Crossover EA for MetaTrader 5. This expert advisor is meticulously designed to harness the power of moving averages, offering traders a versatile solution for capturing trend reversals and potential entry points. With an array of customizable settings and robust features, this EA is set to redefine your trading strategies and amplify your trading experience. For detailed documentation    General
Nadaraya Watson Envelop Alert
Biswarup Banerjee
4.67 (3)
Indicatori
The Nadaraya Watson Envelop indicator for MT5  is a popular tool used by traders to identify trends and potential buy/sell signals. The indicator is based on a non-parametric regression model that uses kernel smoothing to estimate the underlying trend of the market. The resulting envelopes are then plotted around the trend line, providing traders with an indication of where prices are likely to fluctuate. One of the key features of this indicator is its ability to send alerts, emails, and notifi
Brilliant Reversals Alert MT5
Biswarup Banerjee
5 (1)
Indicatori
Brilliant Reversal Indicator for MetaTrader 5 - Your Ultimate Alert-Driven Trading Solution Unlock unparalleled trading success with the "Brilliant Reversal Indicator" tailored for MetaTrader 5. This powerful tool has been meticulously designed to empower traders by identifying critical reversal opportunities with lightning-fast alerts. Key Features: Precise Reversal Detection: The Brilliant Reversal Indicator for MT5 specializes in pinpointing potential trend reversals, providing you with a str
Candlestick Pattern Alert MT5
Biswarup Banerjee
Indicatori
MT5 Candlestick Pattern Alert Indicator: Enhance Trading Precision and Speed Overview The MT5 Candlestick Pattern Alert Indicator stands as a robust solution tailored to empower traders by swiftly detecting candlestick patterns and delivering timely alerts through various channels. This advanced tool facilitates efficient analysis of patterns, enabling traders to seize potential profitable trades promptly. Significance of Candlestick Patterns Candlestick patterns play a pivotal role in technical
FREE
Grid Trade Manager MT5
Biswarup Banerjee
5 (1)
Utilità
Product Name: Grid Trade Manager MT5 Description: The Grid Trade Manager EA for MetaTrader 5 is meticulously crafted to oversee trades employing a grid trading strategy. It strategically places a sequence of pending buy and sell orders at predefined intervals, forming a grid pattern. This EA vigilantly monitors market fluctuations, dynamically adjusting the grid to optimize potential profits. Additionally, it incorporates robust risk management features to control grid size and curtail potential
FREE
Double Top And Bottom Indicator
Biswarup Banerjee
Indicatori
Double top and bottom indicator is a pattern scanning indicator which scans the tops and bottoms using zig zag pattern. When it find price bouncing back from the same point twice after a long trend then it generate arrow signals whenever the last resistance points is broken for double bottom and last support price broken for double top. Unlike other top bottom scanner it does not give only 1 signal. it alerts user when ever the last support /resistance is broker from double top/bottom pattern un
FREE
MT4 Local Trade Copier Pro
Biswarup Banerjee
3.58 (12)
Utilità
About The Product This is an mt4 expert advisor which will let the end user to copy trades from a source mt4 account to N different mt4/mt5 account in the same pc. It is specially useful when you want to copy your trades from an account to several client account or accounts which will have different parameter for those trades. This product provides options to copy trades with different options as well as copy them in reverse. Note: Download and test the    MT4 Local Trade Copier Pro     demo ve
Consecutive Candle Indicator MT5
Biswarup Banerjee
Indicatori
Introducing the Consecutive Green/Red Candle Alert Indicator for MT5 - Your Trend Spotting Companion! Are you ready to take your trading to the next level? We present the Consecutive Green/Red Candle Alert Indicator, a powerful tool designed to help you spot trends and potential reversals with ease. Whether you're a new trader looking for clarity in the market or an experienced pro seeking additional confirmation, this indicator is your trusted companion. Key Features of the Consecutive Green
FREE
Super Trend Alert
Biswarup Banerjee
Indicatori
Super Trend Alert Indicator for MT5 is a powerful tool designed to help traders identify and follow market trends with precision. This indicator uses a proprietary algorithm to analyze price movements and provide clear trend signals, making it suitable for traders across all experience levels. You can find the MT4 version here Key features of the Super Trend Indicator include: Advanced trend analysis with real-time market scanning to detect potential trend directions. Real-time alerts that not
FREE
Hedge Trade Manager MT5
Biswarup Banerjee
Utilità
Product Name: Hedge Trade Manager MT5 Description: The "Hedge Trade Manager" EA for MetaTrader 5 is a sophisticated solution designed to adeptly manage trades through a hedge trading strategy. With a range of configurable settings, this EA provides comprehensive control over hedge trades. The documentation below outlines the various inputs and parameters to assist you in customizing the EA to suit your trading preferences. Overall Settings/Input Guide Name Setting Description General Settings Ma
FREE
Trailing Stop and Breakeven Manager
Biswarup Banerjee
Utilità
Product Name: Trailing Stop and Breakeven Management EA Description: This EA (Expert Advisor) is designed to set trailing stops and breakeven levels for trades based on input parameters and a magic number in MT5. It can be used to manage trades placed manually or by any other EA. The EA allows customization of various settings to suit your trading strategy. General Settings: Enable Magic Number (ENABLE_MAGIC_NUMBER): Enable to use a magic number for trades. Set to false for manual trades. Magic
FREE
Candlestick Patterns Alert
Biswarup Banerjee
Indicatori
MT4 Candlestick Pattern Alert Indicator: Stay Ahead of Trading Opportunities Overview The MT4 Candlestick Pattern Alert Indicator is a robust tool designed to empower traders by detecting candlestick patterns and delivering timely alerts through notifications, emails, and pop-up alerts. This invaluable tool saves traders precious time, allowing focused analysis on patterns and potential profitable trades. Importance of Candlestick Patterns Candlestick patterns are pivotal in technical analysis,
FREE
SuperTrend Alert
Biswarup Banerjee
Indicatori
Super Trend Alert Indicator for MT4 is a powerful tool designed to help traders identify and follow market trends with precision. This indicator uses a proprietary algorithm to analyze price movements and provide clear trend signals, making it suitable for traders across all experience levels. You can find the MT5 version   here You can find the MT5 version here   SuperTrend Multicurrency Scanner MT5 Download the Expert Advisor    Supertrend Strategy EA MT5 Key features of the Super Trend Indic
FREE
Day and Week Separator
Biswarup Banerjee
Indicatori
Day and Week separator is a very simple tool to show day and week separator lines from a specific time mentioned in the input. This is specially helpful for the trades who has time zone differences in their broker terminal. Let us take an example  If user know that at 7:00 in the chart his local time 00:00 then he will simply put 7:00 in the input . Separator lines will starts drawing from current day's 7:00 There is also a bold line for weekly separator
FREE
Ultimate Trade Panel MT5
Biswarup Banerjee
5 (1)
Utilità
Introducing the Ultimate Trade Panel MT5 - Your All-in-One Trade Manager for MQL5 Trading Are you a trader looking to streamline your trading activities and gain a competitive edge in the market? Look no further! The Ultimate Trade Panel MT5 is here to revolutionize your trading experience on the MQL5 platform. With a plethora of unique and time-saving features, this expert advisor is designed to be your reliable companion for day-to-day trading activities. Key Features: Indicator Manager: Say g
Close Manager MT5
Biswarup Banerjee
5 (1)
Utilità
Close Manager EA for MetaTrader 5 Introduction: Welcome to the Close Manager EA, an essential tool designed exclusively for MetaTrader 5. This expert advisor has been meticulously crafted to streamline and enhance the trade closure process. Whether trades are initiated manually or by other EAs, this tool offers a diverse range of customizable criteria, empowering traders with enhanced control over their trade exits. You can find the MT4 version here Key Features: Logs Capture (SHOW_LOGS): Enable
FREE
RSI OverBought OverSold EA MT5
Biswarup Banerjee
4.5 (2)
Experts
Relative Strength Index(RSI) Strategy EA MT5 Welcome to the RSI Trader EA, an advanced tool designed exclusively for MetaTrader 5. This expert advisor streamlines trading activities by harnessing the power of the Relative Strength Index (RSI) indicator, automating trade entries and exits based on overbought and oversold conditions. The EA also facilitates reverse trading setups within these zones, offering a versatile approach to managing trades. For detailed documentation    General Settings/I
CCI OverBought OverSold EA MT5
Biswarup Banerjee
Experts
The Commodity Channel Index(CCI) Strategy EA MT5 automates trading activities based on the Commodity Channel Index (CCI) indicator's overbought and oversold conditions. It allows seamless execution of buy and sell trades upon CCI entry or exit into these predefined zones. Additionally, it offers the flexibility to reverse trade setups within these regions. For detailed documentation    General Settings/Input Guide  |   Indicator Settings/Input Guide   |  Backtests and Set files   You can find th
Fibonacci Levels Alert
Biswarup Banerjee
Indicatori
The MT4 indicator that we are describing is designed to provide traders with an alert, notification, and email when Fibonacci levels are crossed. The Fibonacci levels are calculated based on the zigzag indicator, which helps to identify potential trend reversals in the market. When the indicator detects that a price has crossed a Fibonacci level, it will trigger an alert and send a notification to the trader's MT4 mobile app. Additionally, the indicator can be configured to send an email to the
FREE
Account Trailing Stop Manager MT5
Biswarup Banerjee
Utilità
Account Trailing Stop Manager MT5 Description: The "Account Trailing Stop Manager MT5" EA is designed to automatically calculate and remember the profit of the entire account or specific magic number, and trail it like a trailing stop loss. When the current profit becomes lower than the last saved profit, it will close all trades. This EA provides a convenient way to manage trailing stops for your account. For detailed documentation  Overall Settings/Input Guide   High Level Overview of Feature
FREE
Balanced Martingale
Biswarup Banerjee
Experts
This is very simple strategy based on martingale and reverse martingale strategy. When Ea keeps on winning it multiplies with winning multiplier ,when it has a loosing streak it multiplies with loosing multiplier. Whenever cycle goes from winning to loosing or vice versa the lot size will be reset to default one. This will keep the risk minimized as we are using it for both side. Also when we are in loosing streak we keep on changing the order type from its previous example for example if we hav
Knoxville Divergence EA
Biswarup Banerjee
Experts
The Knoxville Divergence EA uses advanced algorithms to analyze market indicators and identify profitable trading opportunities. It places trades based on the indicator values and is able to enter and exit trades quickly and efficiently, ensuring that traders are always on the right side of the market. In addition to its advanced trading capabilities, the Knoxville Divergence EA also incorporates a grid and martingale strategy for loss recovery. This means that if a trade goes against the trader
Hedge Range Breakout
Biswarup Banerjee
Experts
Description This Expert Advisor mainly works on range breakout on a particular timeframe. The logic behind the this pretty simple. When a range is formed in any time frame (e.g. the range should be less than 20 pips and there must be atleast 30 candle in that range), this ea will wait for the range to be broken out on any direction. If the range is broken on the upper side it will enter into the buy position and hedge the lower ragne with sell position(Could be martingale multiplied lots). If i
Bollinger Band Scanner MT5
Biswarup Banerjee
Indicatori
The Bollinger Bands Multicurrency Scanner Dashboard MT5 is a versatile tool for monitoring trading signals across multiple currency pairs and timeframes using Bollinger Bands. It organizes signals in an intuitive grid format, displaying each symbol’s status across timeframes from M1 to MN1. Traders can enable or disable specific timeframes to suit their strategies. You can find the MT4 version here  Bollinger Band Scanner Full For detailed documentation click here Bollinger Bands Strategies: Th
Nadaraya Watson Envelope EA
Biswarup Banerjee
Experts
Nadaraya Watson Envelope Strategy EA MT4 is a single-currency expert advisor designed for traders focusing on trend reversals using the Nadaraya-Watson Envelope indicator. By identifying price reversals at the envelope's bands, the EA provides a robust yet straightforward trading strategy for specific markets. For detailed documentation  Overall Settings/Input Guide   |   Indicator Settings, Backtest and Set files  You can download the MT5 version here  Nadaraya Watson Envelope EA MT5 High Leve
Make Your Own Index
Biswarup Banerjee
Indicatori
Creating an Index: Importance, Customization, and Weighting Options for MT5 Trading Indicator Designing your index is crucial for efficient symbol tracking in the world of trading. With a powerful MT5 trading indicator, you gain the flexibility to construct an index that suits your preferences, whether it's an equal weighted or custom weighted one. Unlike widely-known indexes like the S&P 500, which heavily favor certain winners, this indicator empowers you to curate a basket of symbols and assi
Balance Martingale MT5
Biswarup Banerjee
Experts
This is very simple strategy based on martingale and reverse martingale strategy. When Ea keeps on winning it multiplies with winning multiplier ,when it has a loosing streak it multiplies with loosing multiplier. Whenever cycle goes from winning to loosing or vice versa the lot size will be reset to default one. This will keep the risk minimized as we are using it for both side. Also when we are in loosing streak we keep on changing the order type from its previous example. For detailed documen
STC Indicator
Biswarup Banerjee
Indicatori
STC Indicator  - Boost Your Trading Strategy with Smart Trend Confirmation Description: Enhance your trading strategies and maximize profitability with the STC Indicator for TradingView. Developed by industry experts, the STC Indicator (Schaff Trend Cycle) is a powerful technical analysis tool that combines the best of both trend-following and oscillator indicators to provide reliable buy/sell signals. With its unique algorithm, the STC Indicator effectively identifies trend cycles and confirms
Ultimate Trade Panel
Biswarup Banerjee
5 (1)
Utilità
Introducing the Ultimate Trade Panel - Your All-in-One Trade Manager for MQL4 Trading Are you a trader seeking to streamline your trading activities and gain a competitive edge in the market? Look no further! The Ultimate Trade Panel is here to revolutionize your trading experience on the MQL4 platform. With a host of unique and time-saving features, this expert advisor is designed to be your trusty companion for day-to-day trading activities. Key Features : Indicator Manager - Say goodbye to t
GG TrendBar
Biswarup Banerjee
Indicatori
GG TrendBar Indicator - Your Multitimeframe ADX Trading Solution Experience the power of multi-timeframe trading with the "GG TrendBar MT5 Indicator." This versatile tool, built upon the ADX indicator, offers precise insights by considering multiple timeframes, ensuring you make well-informed trading decisions. Basic Details : Indicator Type : GG TrendBar Indicator (Multi-Timeframe ADX) Key Metrics : Real-time ADX analysis across multiple timeframes. Customization : Enable or disable specific ti
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Versione 8.0 2025.01.05
trailing stop logic is corrected,both stoploss pip mode and amount mode will work.
Versione 7.0 2024.12.24
grid increment calculation corrected
Versione 6.0 2024.12.11
enabled options to activate grid,hedge, and martingale together with warning
dashboard performance optimization
EA URL inclusion
Versione 5.0 2024.11.23
performance improvement and everytick indicator strategy fixed
Versione 4.0 2024.11.07
bug fixes and performance improvement
Versione 3.0 2024.09.26
performance improvement done,alert added
Versione 2.0 2024.02.05
lots of performance improvement