Home Forex EA's Robots Forex MT5 EA Trade on qualified RSI Expert Advisor for MetaTrader 5 Platform

Trade on qualified RSI Expert Advisor for MetaTrader 5 Platform

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Introduction:

Trade on qualified RSI Expert Advisor For MetaTrader5 Platform.

A trade strategy based on the RSI indicator. Checks if there is enough money before opening a position.

Initial check:

to open BUY: R?SI on bar “1” < 45
to open SELL: R?SI on bar “1” > 55
Confirmation of opening:

to open BUY: R?SI on bars from “2” to “2”+”CountBars” < 45
to open SELL: R?SI on bars from “2” to “2”+”CountBars” > 55
Position modification: uses the close price of the bar “1” as the basic value.

The EA shows the following results on H1 with default parameters:
Installation:

1. Copy “Trade on qualified RSI.mq4” file to C:/Program Files/MetaTrader5/experts folder
and restart your MetaTrader.
2. Open Navigator/Custom Expert Advisors panel and drag the Expert Advisor named “Trade on qualified RSI.mq5” to the
chart of any currency pair.
3. Click On “Enable Automated Trading” On Metatrader Platform.

Click to Download: Trade_on_qualified_RSI

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