Expert adviser 'Simple RSI' - Simple? yes and totally free! Suits both the novice trader as the professional and all in between. Entry signals by well known and popular Relative Strength Index. Adviser open and closing orders by a change in signal. To lock in and secure profits adviser use trailing stop,no dangerous trading techniques used in trading operations. Equipped with stop loss which operates in two modes,automatic or by user defined pips.
Forex tested,others not. Enjoy,it's free!
Use default adviser settings on EurUsd time frame H1 (60min) or do your own research for other symbols
Paid unlimited version here; https://www.mql5.com/en/market/product/55934
- Any account type,leverage and time frame
- Low initial deposit,minimum somewhere between $50-100 recommended based on 500 leverage
- Automated stop loss or input defined
- Fully adjustable index
- Inverted index trading style
- Risk assessment - Limited
- Simple RSI is convenient,fast and easy to optimize as it's done with 'Open prices only'
Simple RSI menu settings
- I refer to screenshots
1. Bug fix stop loss switch
1. Logo change
1. Missing checking printouts added