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RSI EA for MT4

By   /   November 24, 2013  /   4 Comments

RSI EA Automated MT4 Expert Adviser

RSI EA open trades when RSI indicator line crosses custom level from below for buy trades and from above for sell trades .

Platform : Metatrader 4 (MT4)

RSI EA mt4 metatrader 4

Entry Trading Rules :

Buy Trade : when RSI indicator rising above BuyLevel Value and close above it .

Sell Trade : when indicator line falling below SellLevel Value and close below it .

Expert Adviser Settings :

rsi ea variables mt4 metatrader 4

EnableTimeFilter : true=enable time filter , false=disable time filter .
Start_Hour : time filter start hour .
End_Hour : time filter end hour .
MaxTrades : max opened orders in the same time .
CloseInReverse : close order if signal reversed .
Lots : order lot number .
MoneyManagement : true=allow auto manage lot .
Risk : risk percent if allow manage lot .
RSIPeriod:  indciator Period .
Applied_Price : apply price to // 0=close , 1=open , 2=high , 3=low … etc .
BuyLevel : level to enter buy trade .
SellLevel : level to enter sell trade .
TakeProfit : take profit points .
StopLoss : stop loss points .
BreakEven : Break Even point .
BreakEvenPips : pips + open order price point .
TrailingStop : trailing stop point .
MagicNumber : Magic Number .

Download Link : RSI EA – Dyr

4 Comments

  1. lara says:

    what is the best time frame for this ea

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