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RSI Overbought Sniper PRO

49 USD

Demo downloaded: 53

Published: 14 November 2022

Current version: 1.0

RSI Overbought Sniper PRO

Experts
Mustapha Lazar
Mustapha Lazar
Developer at Alchimia

Morocco

213
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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Live Signal: https://www.mql5.com/en/signals/2382857 Live Signal-2: https://www.mql5.com/en/signals/2390825 Live Signal Setfile (Risk 2% per trade) IMPORTANT - READ BEFORE CHOOSING A MODE: full backtest of all 11 Trading Modes → https://www.mql5.com/en/blogs/post/775822 You've watched Gold rip 1500 points in a straight line and felt your stomach drop - not because you were wrong about the direction, but because you were still staring at your phone, half a second too slow to click. You've set a

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RSI Overbought Sniper PRO

Mustapha Lazar