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RSI EA (Relative Strength Index)

Free Expert Advisor for Metatrader 5

RSI EA (Relative Strength Index) screenshot

Download the free RSI EA (Relative Strength Index) for Metatrader 5

About the RSI EA

The RSI EA uses the Relative Strength Index indicator to open a trading position.

The trading logic of this forex robot

Entry strategy

The RSI EA has 2 entry strategies:

  • Break in: The EA opens a trading position if the RSI levels breaks into the oversold/overbought level.
  • Break out: The EA opens a trading position if the RSI levels breaks out of the oversold/overbought level.