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RSI EA (Relative Strength Index)

RSI EA (Relative Strength Index) - 1RSI EA (Relative Strength Index) - 2

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About the RSI EA

The RSI EA uses Relative Strength Index (RSI) to enter a trade.

Entry strategy

The RSI EA has 2 entry strategies:

  1. Break in: The EA opens a trade if the RSI levels breaks into the oversold/overbought level.
  2. Break out: The EA opens a trade if the RSI levels breaks out of the oversold/overbought level.

Exit strategy

A long position will be closed if the RSI level gets above a specific level. A short position will be closed if the RSI level gets below a specific level.

Versions overview

Functions Basic Advanced Pro
Money Management
Trade on new Bar
Inverse Strategy
2 Entry Strategies
Trailing Stop
Break Even
Spread Filter
MA Trend Filter
Exit Strategy
Trade max. once per Bar
Martingale
Candle Trail
ATR Trail
Day/Time Filter
Reverse on Opposite Signal
Trade Direction

Starter Bundle

The RSI EA (Relative Strength Index) is included in the EA Starter Bundle.

More about the RSI EA (Relative Strength Index)

  • You can install the RSI EA (Relative Strength Index) on limitless demo and live accounts.
  • Note that this Metatrader Expert Advisor does not draw any indicator on the chart.
  • You do not understand all the functions? Take a look at our function glossary.
  • This EA is not pre-optimized. Please read the article about optimization first.
  • The license of every Expert Advisor you download is time limited, but you can re-download newer versions any time in your purchase history.
  • MT4 Basic v1.05
  • MT4 Advanced v1.05
  • MT4 Pro v1.05