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Cap RSI Trader EA

4.55

MeetAlgo RSI Trade EA MT4 trades using the RSI Indicator. It offers many customizable RSI trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [ Most Popular Product | List of FREE ProductInstallation Guide | Update Guide Submit Your Problem | All Products ]

  • Easy to use and customizable RSI setting.
  • Enable Grid trading.
  • Customizable break-even, SL, TP and trailing-stop
  • Works for ECN/Non-ECN brokers
  • Implements a martingale features
  • Customizable indicator settings
  • Filter trading by forex sessions
  • Built-in money management
  • Built-in news filter. EA automatic download news data from news website.


The EA implements the following entry strategies, that can be enabled or disabled at will:

  • Trade when the RSI Indicator is oversold or overbought
  • Trade when the RSI comes back from an oversold or overbought condition

Four different trading behaviors are available in the EA inputs:

  • Both Side (Long and Short): The EA will buy at bullish signals and sell at bearish signals both trade
  • Any Single Side: Open any one trade which signal come first (Buy or Sell)
  • Long Side Only: The EA will buy at bullish signals and disregard bearish signals
  • Short Side Only: The EA will sell at bearish signals and disregard bullish signals

Additionally, it implements four different money management modes:

  • Trade manual lotsize: The EA will trade a fixed lotsize on each trade
  • Martingale: The EA will double the lotsize after a losing trade


Input Parameters

For a complete description of the input parameters of the EA, kindly read the   user guide.


Do You Want RSI EA With More Advanced Strategy?

This is strategy builder EA. It product has more then 34+ build in indicator with RSI that you can make more then 1 million combination strategy that boost you trading strategy with an incredible amount of functionality. So you can test your strategy easy way without knowledge of coding. MT4 Version here | MT5 Version here.


Support

I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.


Custom Development

If you want personal custom development of this product. For Details to with us.


Author

Mohammad Ali, technical analyst and speculator, software engineer and founder of MeetAlgo LLC.‌


Reviews 20
John Winsome Munar
3830
John Winsome Munar 2022.06.14 05:37 
 

Good ea, RSi indicator works.

OMRY Odeh
22
OMRY Odeh 2022.03.27 23:45 
 

There is an error in the RSI robot, the problem is that the LOT is not rising anymore

fxmilkpro
38
fxmilkpro 2022.03.07 09:07 
 

wow tnx for this good ea

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Entry Points Pro EA for MT4 and MT5 Immediately after the purchase, contact me via private messages on this website for instructions and a very powerful bonus! The Entry Points Pro expert advisor was created on the basis of the legendary Entry Points Pro indicator , which received more than 450 positive reviews on the MQL5 exchange and was on the 1st position among thousands of other indicators for more than a year! Here is a video on how the trading advisor works in MT4 and MT5 terminals, wat
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Renate Gerlinde Engelsberger
3.8 (54)
At the request of the people, 5 copies are sold at the previous price  (1 people left) : Next price: $ 500 An expert based on harmonic patterns For gold in time frame 5 and 15 minutes With a large number of signals Has a TP and a SL Without the use of dangerous strategies such as martingales and hedges After purchasing this expert, send me a message to join the buyer group  Symbol  Gold  Timeframes  M5 , M15  Minimum  Deposit  Minimum tested capital: 250$   Brokers  Any broke
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4.71 (14)
This EA uses the Trend Wave indicator and it can identify the beginning and the end of a new wave trend movement. As an oscillator, the indicator identifies the overbought and oversold zones.   It works great to catch the short term price reversals and uses a martingale strategy to close all trades in profit.   Use default settings on m15 or higher time frame on any pair for more accurate trades! You need an account that allows hedging! My signals and other products can be found  here  Please co
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Ho Tuan Thang
4.86 (22)
ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Some Features: -   No Martingale - No Multiplier Lot - Scalping follow trend - News filter to stop EA before high impact news - Scalping mode to stop EA in some cases ... CAUTION:  News Filter can not back testing. This will cause back testing results to be inaccurate, because News Filter will help EA remo
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ONLY 3 COPIES OUT OF 10 LEFT AT $399! After that, the price will be raised to $499. IMPORTANT! Contact me immediately after the purchase to get instructions and Manual Guide to set up EA. Some Features: - No Martingale, No Grid, No Double Lot, No Averaging, No Dangerous strategy - Only entry 1 order, the order is always protected by Stoploss - Only pure Price Action for entry - News filter to stop EA before high impact news - Smart time filter to avoid unexpected falling, rising, gap...
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Filter:
John Winsome Munar
3830
John Winsome Munar 2022.06.14 05:37 
 

Good ea, RSi indicator works.

Sunilmaneir94
14
Sunilmaneir94 2022.04.22 17:02 
 

this ea works good in demo account only at any frame, i have lost my 200usd in one day on my live account today..pls make it good

OMRY Odeh
22
OMRY Odeh 2022.03.27 23:45 
 

There is an error in the RSI robot, the problem is that the LOT is not rising anymore

[Deleted] 2022.03.08 09:24 
 

User didn't leave any comment to the rating

fxmilkpro
38
fxmilkpro 2022.03.07 09:07 
 

wow tnx for this good ea

[Deleted] 2022.02.11 17:01 
 

User didn't leave any comment to the rating

jolurodr
34
jolurodr 2022.02.03 17:01 
 

Very good advisor.. Congratulations Mohamed !!!

Olajide Akinyemi
25
Olajide Akinyemi 2021.12.25 02:42 
 

EA is good but during my test I noticed it doesn't allow for maximum grid please how can it be setup to add grid at every 20pips, how to fix this issue. thanks

MEETALGO LLC
288640
Reply from developer Mohammad Ali 2021.12.25 03:43
Just set Max Grid
Mohammad Islam
62
Mohammad Islam 2021.12.22 21:25 
 

Profit in Currency and Loss In Currency function does not work while back testing, othere wise working good with me.

hhyy0088
120
hhyy0088 2021.12.17 08:25 
 

Very good.

KDInvestments
391
KDInvestments 2021.10.04 21:17 
 

Very profitable EA, Excellent work and Thank you!

Boaz Cheong
89
Boaz Cheong 2021.09.23 10:06 
 

Thank you, Mohammad Ali!!! Best RSI EA! Keep playing around with the settings.

AI Plush
46
AI Plush 2021.08.09 20:32 
 

Anyone have the setup file? thank

Eluri Shekhar
100
Eluri Shekhar 2021.08.04 17:10 
 

User didn't leave any comment to the rating

Ahmed Sarıkaya
2504
Ahmed Sarıkaya 2021.07.23 17:52 
 

Good ea. Thanks.

SEUN2021
15
SEUN2021 2021.06.14 13:32 
 

90% Perfect and Good.

Pedro566561
100
Pedro566561 2021.06.11 18:33 
 

bien

pietchabalala
35
pietchabalala 2021.04.22 17:02 
 

Very useful, profitable and reliable EA more especially for USD ($) Accounts thanks author.

johnchen2020
24
johnchen2020 2021.02.26 23:50 
 

good EA

Taras
15
Taras 2021.02.15 13:12 
 

Great EA

12
Reply to review
Version 3.1 2022.03.07
UPDATED: Change our branding name 'CAP' to 'MeetAlgo'
FIXED BUGS: Max Daily Trade (Per Pair) can't work properly
FIXED BUGS: News filters

Version 3.0 2021.11.07
--> Minor Update
--> Improved coding
Version 2.40 2021.06.02
Product Update Info
FIXED BUGS: EA sometime remove from chart for "Zero divided" error.
Version 2.30 2021.02.27
Product Update Info
Minor Update
REMOVED: INPUT – Total Equity Profit remove from this version. It created bugs on EA.
Version 2.20 2020.07.22
FIXED BUGS: Break event and Trailing problem.
Version 2.10 2020.07.04
-->Improved Coding
-->Some News Functions Add
Version 2.0 2020.01.05
-->Multiple RSI add into Inputs so you can now make strategy from multiple RSI.
Version 1.10 2019.10.26
-->Bugs Fixed
--->When Reverse Signal=true then OpenTradeAfterReset was not work properly we fixed in this version.