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RSI Classic

This is a classic Expert Advisor based on oscillator of the same name.

Input Parameters

  • Lot - Lot
  • Take Profit - order to close with profit
  • Stop Loss - stop order
  • Frequency - the frequency of opening trades in minutes (if 60 min is set, then the EA will not open more than once per hour (helps to avoid a repeated false signal))
  • RSI Period - the period of the indicator
  • High - the upper limit of the RSI indicator
  • Low - the lower limit of the RSI indicator
  • Start Hour - trading start time (hours)
  • Start Min - trading start time (minutes)
  • End Hour - trading end time (hours)
  • End Min - trading end time (minutes)
  • Breakeven if (points) - breakeven, if the number of points in profit at 5-digit = N
  • Trailing Stop (points) - trailing stop, if the number of points in profit at 5-digit = N
  • Titles? - titles
  • Alert? - sound alert on position opening
  • Closure active? - closure by the RSI indicator (provided that the closure parameters are specified in "High" "Low" - Sell will be closed by the Low level, Buy will be closed by the High level, respectively)


  1. Before using on a live account, test the EA.
  2. Use VPS or hosting server with minimal network latency to the broker's server.
  3. Low spreads + low commission + high quality execution are important when choosing a broker to trade.
  4. The EA is semiautomatic - monitor the news background
Ovidiu Caslariu
2016.05.03 17:22 

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