The Expert Advisor automates trading processes with the Relative Strength Indicator (RSI). It detects overbought/oversold zone and trade opening based on these zones.
You can transform your trading processes into julie-andrews sweet.
Buy the modern RSI Trading Strategy for MetaTrader 4® detecting overbought/oversold zone and trade opening based on these zones.
Works on MetaTrader 4®
MetaTrader 4®, MetaTrader 5®, MT4®, MT5® are the registered trademarks of MetaQuotes Software Corp. | 4xDev.com is not associated with MetaQuotes Software Corp.
The Expert Advisor checks the formed bars to cross overbought/oversold zones, therefore avoiding false signals.
The trading robot selects the trade opening point. It can be exiting or entering one of the zones.
Depending on the in-parameters, the EA:
The Expert Advisor has all the required functions to manage positions. In addition to StopLoss and TakeProfit, you can choose whether you should:
Moreover, the trading robot will allow you to calculate all risks for the position. You can choose the lot calculation based on a fixed amount or a percentage of the balance/equity you are not afraid to lose.
An Example of the Work
Do not sour — hang on the trading!
A ready-made form will help you not to forget important aspects of your technical specification.
You are free in your final choice and let it be the right one. Everyone profits!
All Products are provided “as is” without any warranties regarding effectiveness, performance, or suitability for particular purposes. The actual performance of the Products could be different from testing results and your expectations.
Please study carefully all information about the Products before purchasing.
The amounts paid for the Products are non-refundable.
4xDev assumes no liability for any direct or indirect losses resulting from the use of the Products.