RSI Overbought Sniper PRO

  • Experts
  • Mustapha Lazar
    Mustapha Lazar

    Mustapha Lazar

    I'm a Junior Python/MQL5 developer, I have been working for more than 5 years, I have made tons of EAs and indicators, passionate with problem solving and financial markets.
    1 topic
  • Version: 1.0
  • Activations: 5
Description
The Relative Strength Index (RSI), developed by J. Welles Wilder, is a momentum oscillator that measures the speed and change of price movements. The RSI oscillates between zero and 100. Traditionally the RSI is considered overbought when above 70 and oversold when below 30. Signals can be generated by looking for divergences and failure swings. RSI can also be used to identify the general trend.


How this EA works
RSI is considered overbought when above 70 but the EA is using more than that to detect and validate whether it is an overbought that deserves to take an order for it.



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Real Trading Account — LIVE SIGNAL | IC MARKETS: https://www.mql5.com/en/signals/2339082 GoldWave Ultra uses the same core trading logic and execution framework as the verified live signal shown above on MQL5. When running the EA with the recommended optimized settings on a reputable ECN/RAW-spread broker ( e.g., TMGM ), its live trading behavior is designed to closely follow the trade structure, risk management, and execution characteristics demonstrated by the live signal. Please note that ind
Quantum Athena X
Bogdan Ion Puscasu
4.09 (23)
Experts
Smarter Control. Refined Precision. Welcome to Quantum Athena X — the next generation of the focused GOLD trading system that builds upon the precision, efficiency, and disciplined execution of Quantum Athena. Quantum Athena X is built on the same streamlined core engine and the same 6 carefully selected strategies as Quantum Athena. Each strategy has been individually refined and optimized for current GOLD market conditions, while the new powerful Custom Mode allows traders to choose exactly
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