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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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Aleksandr Chebotaev
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Hello, my name is Alexander. I would like to introduce you to my new development, the Hercules AI advisor. The advisor is synthesis of Price Action Method and Artificial Intelligence technologies.  It doesn't use  any indicators. The EA works well on Gold  pair. The advisor has shown stable performance for more than 10 years. It does not use dangerous trading methods such as martingale, etc. All transactions are protected by take profit and stop loss. I tried to make the advisor as easy to insta
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Ho Tuan Thang
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ONLY 3 COPIES OUT OF 10 LEFT AT $299! After that, the price will be raised to $399. Limited price $299 is only for 10 first sales. After 10 sales, the price will be raised +$100. Final price for Gold Trading Algo is $1999. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Forex EA Trading Channel:  Update the latest news from me Some Features: - No Martingale, No Grid - The order is always protected by Stoploss - EA is using in-bu
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Предупреждения ЭС содержит максимум 6 точек входа, объем каждой сделки равен объему ордера, умноженному на 6, поэтому, пожалуйста, не используйте слишком большой объем. Способ расчета объема по умолчанию - это не процент от капитала. Наш способ расчета по умолчанию не зависит от плеча, что позволяет более точно контролировать риск.  Рекомендуется использовать капитал не менее 1000 долларов США для повышения устойчивости к риску. Одновременное использование нескольких валютных пар может привести
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Запустить промо: Ограниченное количество копий по текущей цене Окончательная цена: 990$ НОВОЕ: получите 1 EA бесплатно!   (за 2 торговых счета) Ultimate Combo Deal   ->   click here LIVE RESULTS:   https://www.mql5.com/en/signals/1949810 JOIN PUBLIC GROUP:   Click here Set Files Добро пожаловать в DayTrade Pro Algo!   После многих лет изучения рынков и программирования различных стратегий я нашел алгоритм, в котором есть все, что нужно хорошей торговой системе: Не зависит от брокера Распрос
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Stanislav Tomilov
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Welcome to the world of next-generation investments with our unique trading robot for gold on the MetaTrader platform! Our proprietary developments represent the pinnacle of advanced data analysis computational platforms in the world of trading. One Gold EA is a genuine smart algorithm, operating at a level beyond human traders' reach. Its unique method is based on the principles of a neuroscanner and advanced technologies in neural networks, EA is capable of analyzing historical and current dat
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Marzena Maria Szmit
4.44 (25)
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
Powerful 1 min scalping system - автоматический робот скальпер для торговли на валютной паре XAUUSD (робот торгует и на других валютных парах, но на золоте получает найлучшие результаты). Рекомендуемые временные периоды M1 и M5. Минимальный начальный баланс от 500$. Этот робот автоматически определяет точки разворота цены и выставляет несколько отложенных ордеров в вероятном будущем направлении тренда. Если цена не разворачивается в нужном направлении, робот удаляет отложенные ордера. Но если це
Промо-акция запуска! Осталось всего несколько копий по текущей цене! Следующая цена: 693$ Окончательная цена: 1993$ Live signal:  https://www.mql5.com/en/signals/2220893?source=Site+Profile+Seller MT5:  https://www.mql5.com/en/market/product/107337?source=Site+Profile+Seller For more top Expert Advisors and Indicators, visit:   https://www.mql5.com/en/users/lothimailoan/seller I am Los, please subscribe to receive more updates:   https://www.mql5.com/en/users/lothimailoan/news US30 Scalper
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Marzena Maria Szmit
4.65 (23)
We proudly present our cutting-edge robot, the  Big Forex Players EA  designed to maximize your trading potential, minimize emotional trading, and make smarter decisions powered by cutting-edge technology. The whole system in this EA took us many months to build, and then we spent a lot of time testing it. This unique EA includes three distinct strategies that can be used independently or in together. The robot receives the positions of the   biggest Banks   (p ositions are sent from our databa
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Abu Talha Md Mahi Uddin
5 (5)
Buy One Get one Live again.. limited time offer (Gift  gold ea aviable just in unlimit  version) Best EuroUsd EA in the market...101$ to 1040$ (940%)  in 12 months ....with 21% drawdown.. For Last 1 year real time performance :  Click here PUBLIC GROUP CHAT : Click Here EA Strategy Take scalp Positions in Higher Time Frame Trend with safe Pips Distance/ Major Pair EurUsd Then you can also use :AudUsd/GbpUsd/NzdUsd Major & Safe TF is H1 / Minor & Aggressive TF is M1 Minimum Deposit is 100$ /
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Last copy at 399$ -> next price 499$ Dark Algo  is a fully automatic Expert Advisor for Scalping Trading on Eurusd . This Expert Advisor is based on the latest generation of algorithm and is highly customizable to suit your trading needs.  If you   Buy this Expert   Advisor you can   write a feedback   at market and   get   a second EA for   Free , for More info contact me The basic strategy of this EA is built on a sophisticated algorithm  that allows it to identify and follow market trends .
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Ugochukwu Mobi
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Tiger Trade Pro
Soraya Bahlekeh
5 (7)
Исходная цена $269 —> Скидка 50%, всего $129 Живые результаты:   ссылка в био Tiger Trade Pro - Ваш ключ к уверенной торговле! Tiger Trade Pro - это настоящий и стабильно прибыльный советник, использующий систему Scalp-Trend и имеющий очень выгодное соотношение риска по сравнению с другими аналогичными советниками. Этот советник предлагает как простые, так и продвинутые настройки, чтобы соответствовать вашему стилю торговли. Настроенные параметры:  Независимо от того, предпочитаете ли вы п
Supply Demand EA ProBot
Georgios Kalomoiropoulos
5 (1)
Полностью автоматический советник, основанный на принципе спроса и предложения . Первый, предлагающий полностью автоматизированный советник спроса и предложения . Торговать теперь легко и иметь полный контроль над своей торговой стратегией Через удобную графическую торговую панель. Вы получаете сверхвысококачественное программное обеспечение для алгоритмической торговли с более чем 15 000 строк кода. Спрос и предложение EA Руководство ProBot Лучший способ торговать «Вызовы Prop Firms» и прой
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Версия 2.0 2024.02.05
lots of performance improvement