FxS RSI Pro EA

  • Experts
  • Churchill Sipho Mashinini
    Churchill Sipho Mashinini
    I am an experienced MQL5 programmer with a strong background in Computer Science and three years of hands-on expertise in developing, optimizing, and automating trading strategies. I specialize in creating custom Expert Advisors (EAs), indicators, and scripts for the MetaTrader 5 platform, helping
  • Version: 2.0
  • Updated: 20 July 2025
  • Activations: 16

Overview

FxS RSI Pro EA for MT5 is an Expert Advisor that automates trading using multiple Relative Strength Index (RSI) strategies. In addition to the trading strategies available in the free version, the Pro version includes configurable loss recovery methods, trailing stop management, and additional risk management features for traders who require greater flexibility.

Trading Strategies

The Expert Advisor includes the following trading modes:

  • RSI Overbought & Oversold – Opens trades when RSI reaches predefined overbought or oversold levels.

  • RSI Divergence – Detects divergence between price and RSI to identify potential market reversals.

  • RSI Trend Confirmation – Uses RSI to confirm trend direction before opening positions.

  • RSI & Moving Averages – Combines RSI analysis with Moving Average confirmation.

  • RSI Breakout – Identifies breakout opportunities using RSI momentum.

  • RSI Scalping – Designed for short-term trading based on RSI price movements.

  • Manual Mode – Allows manual Buy and Sell execution while using the Expert Advisor's trade management features.

The preferred trading mode can be selected through the Expert Advisor's input parameters.

Loss Recovery Methods

The Pro version includes the following configurable recovery techniques:

  • Averaging Down

  • Stop and Reverse

  • D'Alembert

  • Modified Martingale

  • Reverse Martingale

  • Classic Martingale

  • Grand Martingale

  • Fibonacci Martingale

Each recovery method includes configurable parameters that allow traders to adjust its behavior according to their trading objectives and risk tolerance.

Recovery techniques can significantly increase trading risk and should be used only after understanding their characteristics and potential impact on account drawdown.

Main Features

  • Seven selectable trading modes.

  • Eight configurable loss recovery methods.

  • Trailing Stop Loss.

  • Trailing Take Profit.

  • Adjustable RSI parameters.

  • Fixed or configurable lot sizing.

  • Stop Loss and Take Profit management.

  • Trading session and weekday filters.

  • Built-in money management controls.

  • Optional on-chart dashboard.

  • Magic Number and trade comment support for running multiple Expert Advisors.

Input Parameters

RSI Settings

  • RSI period

  • Overbought level

  • Oversold level

  • Strategy selection

Trade Settings

  • Lot size

  • Stop Loss

  • Take Profit

  • Maximum and minimum lot limits

  • Trade multiplier settings

  • Magic Number

  • Trade comment

Money Management

The Expert Advisor provides configurable money management options including:

  • Maximum risk per trade

  • Position sizing controls

  • Daily loss limit

  • Weekly loss limit

Time Filters

Trading can be restricted according to:

  • Trading sessions

  • Trading hours

  • Individual weekdays

  • Optional Monday and Friday trading filters

Dashboard

An optional on-chart dashboard displays trading information, current settings, and the status of the Expert Advisor.

Market Conditions

Different trading strategies may be more suitable under different market conditions.

  • Trend-following strategies, such as RSI Trend Confirmation and RSI Breakout, are generally intended for trending markets.

  • Reversal strategies, such as RSI Overbought & Oversold and RSI Divergence, may be more suitable during ranging markets.

  • RSI Scalping is designed for shorter-term market movements.

  • Manual Mode allows traders to combine discretionary entries with the Expert Advisor's management features.

Market conditions change over time, and no strategy is guaranteed to perform well under all circumstances.

Risk Management

The Expert Advisor includes configurable risk management features designed to help traders manage exposure, including:

  • Maximum risk per trade

  • Daily and weekly loss limits

  • Configurable Stop Loss and Take Profit

  • Trailing Stop Loss

  • Trailing Take Profit

  • Trading session restrictions

Recovery techniques such as Martingale-based methods can substantially increase risk and may result in significant drawdowns if used without appropriate risk controls. Users should carefully evaluate these methods before enabling them.

Support

If you have questions about this Expert Advisor, require assistance with its settings, or would like to report a bug, please use the MQL5 product comments or the built-in MQL5 private messaging system to contact the developer.

Disclaimer

Trading Forex, CFDs, futures, cryptocurrencies, and other financial instruments involves significant risk and may not be suitable for every investor. Past performance does not guarantee future results. Recovery techniques do not eliminate trading risk and should not be expected to recover losses under all market conditions. Before trading on a live account, it is recommended to evaluate the Expert Advisor on a demo account and verify that its settings are appropriate for your trading objectives and risk tolerance.


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SixtyNine EA – A Gold Expert Advisor for MetaTrader 5, featuring 6 integrated strategy layers, predefined Stop Loss on every trade, and a clean trading structure without Martingale, Recovery systems, or Grid trading. Public Live Signal: $500 Start, Fixed 0.02 Lot, 500%+ Growth, 20 Weeks Live The public live signal is the central proof point of SixtyNine EA . The account started with a $500 balance , used a fixed 0.02 lot size per trade , and has been active for more than 20 weeks of live tradin
Fantastic 4 MT5
Fan Yang
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Fantastic 4 Four-in-One Trading System Introduction Fantastic 4 is an automated trading EA integrating four mutually independent quantitative trading logics targeting XAUUSD. After long-term research, iterative optimization, historical backtesting and live market verification, each built-in strategy has exclusive entry rules, independent order management and customized risk control modules. All strategies run separately without mutual interference. The combination of four strategies with low cor
Impulse MT5
Simon Reeves
5 (14)
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Gold House MT5
Chen Jia Qi
4.49 (59)
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Rob Josephus Maria Janssen
4.63 (46)
Prop Firm Ready! Chiroptera is a non-martingale, non-grid, multi-currency Expert Advisor that operates in the quiet hours of the night. It uses single-placed trades (of all 28 pairs!) with tactically placed Take Profits and Stop Losses, that are continuously adjusted to maximize gains and minimize losses. It keeps track of past and upcoming news reports to ensure impacts are minimized and carefully measures real-time volatility to prevent impacts due to unpredictable geo-political disturbances c
SomaOil
Andrii Soma
5 (2)
SomaOil is a multi-strategy breakout Expert Advisor for MetaTrader 5, built exclusively for WTI crude oil (XTIUSD). One chart, one EA, 20 independent strategies running together as a single diversified portfolio. Live Signal. To make it accessible at launch, I am using a transparent ramping-price model: Launch price: 100 USD (48 hours) Starting from Monday the price increases by 100 USD for every 10 copies sold Price increases happen at most once per day, even when more than 10 copies are sold t
Gold Trade Pro MT5
Profalgo Limited
4.33 (39)
LAUNCH PROMO: Only a few copies left at current price! Final price: 990$ Get 1 EA for free (for 2 trade accounts) -> contact me after purchase Ultimate Combo Deal   ->   click here Live signal:   https://www.mql5.com/en/signals/2084890 Live Signal high risk :  https://www.mql5.com/en/signals/2242498 Live Signal Set Prop Firm Set File JOIN PUBLIC GROUP:   Click here Parameter overview Gold Trade Pro joins the club of Gold trading EA's, but with one big difference: this is a real trading strate
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