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RSI EA Trade OverBought OverSold Levels

By   /   October 29, 2013  /   1 Comment

RSI EA Open Trades on OverBought and OverSold Levels

Automated RSI EA open trades when RSI indicator entered overbought or oversold Levels on the symbol .

Platform : Metatrader 4 (MT4)

RSI ea overbought oversold ea mt4 metatrader 4

Entry Rules :

Buy Trade : RSI indicator line closes below oversold level .

Sell Trade :RSI indicator line closes above overbought level .

Expert Adviser Settings :

rsi ea settings metatrader ea

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: RSI indciator Period .
Applied_Price : apply price to // 0=close , 1=open , 2=high , 3=low … etc .
OverBoughtLevel : overbought level to enter sell trade .
OverSoldLevel : oversold level to enter buy 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 .

1 Comment

  1. agnnis says:

    Thanks for this information find great help i can trade well now at avapartner.

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