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Advanced RSI Forex Trading Strategy

The expert advisor opens trades when the forex market is ranging and the RSI indicator enter in oversold or overbought areas.

The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator.

The recommended currencies pairs are EURUSD, EURGBP, USDJPY, EURCHF, EURNZD, AUDCAD and the recommended timeframe to operate and to do backtests is M5.

This Expert Advidor can be profitable in any TimeFrame and with any Currency Pair but you should know how to adjust the parameters to your new pairs and timeframes. 

For better results you must use a broker with Low Spreads.

Recommended Settings at Comment #2


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ET9 New on the Market, Launch promo! Only a few copies left at: $599 Next price: $799 Final price: $1599 The Best  Expert Advisor  on   XAUUSD   any timeframes , It can also be used on GBPUSD at the same time! ET9  for MT4 Updated 3.50 !!   Important update:    Enable automatic closing of profits. Include Free  ET1 for MT4:  https://www.mql5.com/en/market/product/113219 Descriptions ET9 for MT4 is a powerful automated trading program with a 9-in-1 trading strategy for gold (XAUUSD) and  GBPUS
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Versión 2.0 2019.09.12
Added Market Volume Filter