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Cap RSI Trader EA Pro

1

MeetAlgo RSI Trade EA Pro 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 Product | Installation 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


For Free Version is here  MT4  |  MT5


Input Parameters

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


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 Capilta Business Solutions.‌


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sanchezf.eugenio
31
sanchezf.eugenio 2022.06.20 14:05 
 

The EA open trades but doesnt keep the settings, just works with default settings

23671205
98
23671205 2021.09.30 12:27 
 

Hi, The EA doesn't open any trade. I keep getting the error message 128 – Trade timeout: You’ve just taken too long to place the trade. What do I do so that the EA can open trades?

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 2.1 2021.11.07
--> Minor Update
--> Improved Coding