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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Level Up FOREX ea MT4
Ebrahim Mohamed Ahmed Maiyas
5 (1)
An advanced Expert Advisor powered by artificial intelligence and machine learning, specifically designed for analyzing   FOREX   . It adapts to price movements and market fluctuations to detect potential trading opportunities. Artificial Intelligence Integration: At the heart of this EA les a sophisticated AI engine capable of recognizing complex patterns in  FOREX  price data. The system continuously processes historical and live   FOREX  price feeds to identify potential entry and exit points
GOLD Scalper PRO
Lachezar Krastev
4.58 (24)
WINTER SALE — LIMITED TIME! Get GOLD Scalper PRO with a huge –60% discount AND receive News Scope EA PRO as a FREE BONUS ! Special Winter Sale Price: $177 (Regular Price: $447 — You Save $270!) FREE BONUS: News Scope EA PRO A powerful multi-symbol strategy packed with advanced features, supporting 5 trading pairs — real value: $397! After completing your purchase, simply contact me and I will send you your BONUS EA immediately. Don’t miss this once-a-year opportunity! Live Results:   https:/
Il Market Reversal Alerts EA è alimentato dall'indicatore omonimo (disponibile qui) e opera in base ai cambiamenti della struttura del mercato. Per impostazione predefinita, l'EA effettuerà uno scambio ogni volta che un avviso di inversione di mercato viene inviato dall'indicatore e scambierà tali avvisi in base alle condizioni e ai filtri impostati nelle impostazioni dell'EA. Disegna rettangoli di supporto mentre il prezzo si muove nella sua attuale direzione di tendenza e viene scambiato q
EA Black Dragon
Ramil Minniakhmetov
4.74 (564)
EA Black Dragon funziona con l'indicatore Black Dragon. L'EA apre uno scambio in base al colore dell'indicatore, quindi è possibile aumentare la rete di ordini o lavorare con uno stop loss. IMPORTANTE! Contattami subito dopo l'acquisto per ricevere istruzioni e un bonus! Il monitoraggio del lavoro reale, così come i miei altri sviluppi, possono essere visualizzati qui: https://www.mql5.com/en/users/mechanic/seller Tutte le impostazioni possono essere trovate qui! Parametri in entrata: ·
Altri dall’autore
Simple RSI Forex Trading Strategy
Victor Manuel Valderrama Zamora
4 (1)
Diversify the risk in your trading account by combining our Expert Advisors. Build your own custom trading system here:   Simple Forex Trading Strategies The expert advisor opens trades when 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 currency pair is EURGBP and the recommended timeframe to operate and to do backtests is H4. This Expert Advisor can be profitable in any TimeFrame an
FREE
Exponential Moving Average Crossover with ADX
Victor Manuel Valderrama Zamora
4.5 (2)
Diversify the risk in your trading account by combining our Expert Advisors. Build your own custom trading system here:   Simple Forex Trading Strategies The expert advisor opens trades when EMAs cross and the Average Directional Index is above 25. The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. The recommended currency pair is GBPAUD. The recommended timeframe to operate and to do backtests is D1. This Expert Advisor can be profitable in any TimeFrame
FREE
Commodity Channel Indicator Forex Trading Strategy
Victor Manuel Valderrama Zamora
4.67 (3)
Diversify the risk in your trading account by combining our Expert Advisors. Build your own custom trading system here:   Simple Forex Trading Strategies The expert advisor opens trades after CCI indicator exit the oversold or overbought areas. The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. The recommended currency pair is GBPUSD and the recommended timeframe to operate and to do backtests is D1. This Expert Advisor can be profitable in any TimeFrame a
FREE
Diversify the risk in your trading account by combining our Expert Advisors. Build your own custom trading system here:   Simple Forex Trading Strategies The expert advisor opens trades when the SMA and RSI are aligned in the same direction and when the Stochastic has left overbought/oversold areas. The 5 and 10 SMA are also programmed to close the trades if the trend changes. The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. The recommended currency pair
FREE
Diversify the risk in your trading account by combining our Expert Advisors. Build your own custom trading system here:   Simple Forex Trading Strategies The expert advisor opens trades when the SMAs cross and when the WPR has left overbought/oversold areas. The SMAs are also programmed to close the trades if the trend changes. The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. The recommended currency pair is NZDUSD and the recommended timeframe to operat
FREE
AutoTrader GBPUSD
Victor Manuel Valderrama Zamora
5 (1)
AutoTrader GBPUSD  is a fully automated Expert Advisor. Stop Loss on every trade Trailing Stops Good Risk/Reward Ratio The EA can trade 24/7 without the need of News Filter VPS is optional Timeframe:  M1 Recommended deposit:  1,000 USD Recommended Leverage: 1:500 For better results you must use a broker with  Low Spreads   Recommended Setting: StopLoss: 65.0 TakeProfit: 00.0 TrailingStop: 90 The EA open buy/sell trades only in trends so by not having a fix TP and instead using trailing stops we
Diversify the risk in your trading account by combining our Expert Advisors. Build your own custom trading system here:   Simple Forex Trading Strategies The expert advisor opens trades when the price touch the Bollinger Bands and enter Stochastic oversold/overbought areas. The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. The recommended currencies pairs are  CHFJPY and GBPNZD . T he recommended timeframe to operate and to do backtests is H1. This Expert
Nitro Pips EA
Victor Manuel Valderrama Zamora
The expert advisor opens trades when the forex market is ranging and the NITRO PIPS indicator enter in oversold or overbought areas. The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. Verify the recommended currency pairs for the current market conditions here   and the recommended timeframe to operate and to do backtests is M5 . For better results you must use a broker with  Low Spreads . Recommended Settings at Comment   #2
Forex GoPro
Victor Manuel Valderrama Zamora
ATTENTION: This EA looks for trends in multiple timeframes and analyzes 28 currency pairs at the same time which makes it impossible to fully test it on the MT4 StrategyTester. The expert advisor opens trades when the  Forex GoPro  indicator enter in oversold or overbought areas. The Stop Loss, Take Profit, and Trailing Stop are calculated based on the ATR indicator. Verify the recommended currency pairs for the current market conditions   here . The recommended timeframe to operate is  M5 . Fo
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