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CAP RSI Trade EA MT4 trades using the RSI Indicator. It offers many customizable RSI trading scenarios and flexible position management settings, plus many useful features like customizable trading sessions, a martingale and inverse martingale mode. [ Most Popular Product | List of FREE Product | Installation Guide | Update Guide | Submit Your Problem | All Products ]
- Easy to use and customizable RSI setting.
- Enable Grid trading.
- Customizable break-even, SL, TP and trailing-stop
- Works for ECN/Non-ECN brokers
- Implements a martingale features
- Customizable indicator settings
- Filter trading by forex sessions
- Built-in money management
- Built-in news filter. EA automatic download news data from news website.
The EA implements the following entry strategies, that can be enabled or disabled at will:
- Trade when the RSI Indicator is oversold or overbought
- Trade when the RSI comes back from an oversold or overbought condition
Four different trading behaviors are available in the EA inputs:
- Both Side (Long and Short): The EA will buy at bullish signals and sell at bearish signals both trade
- Any Single Side: Open any one trade which signal come first (Buy or Sell)
- Long Side Only: The EA will buy at bullish signals and disregard bearish signals
- Short Side Only: The EA will sell at bearish signals and disregard bullish signals
Additionally, it implements four different money management modes:
- Trade manual lotsize: The EA will trade a fixed lotsize on each trade
- Martingale: The EA will double the lotsize after a losing trade
For a complete description of the input parameters of the EA, kindly read the user guide.
I am happy to provide free products but given my limited time, they come without support of any kind. My apologies.
If you want personal custom development of this product. For Details to with us.
Mohammad Ali, technical analyst and speculator, software engineer and founder of Capilta Business Solutions.
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Key Features of Algorithmic Trading Software
26 September 2019
3.0
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Reviews
Leave a Review
very very profitable EA, thankyou so much sir. i have created some set files if any need kindly contact me on telegram @mohith_bro
Very useful, profitable and reliable EA more especially for USD ($) Accounts thanks author.
Thanks to to the author, providing a free full functional EA. The backtesting was very good, but I think it needs to be optimized every day, to have a stable performance.
good EA
Great! – It Does need optimizing but once that is done it works very well!
bueno
Good.
Thank you, Mohammad Ali!!! Best RSI EA! Keep playing around with the settings.
Very profitable EA, Excellent work and Thank you!
Great EA
90% Perfect and Good.
Good EA in free category. Martingale let you avoid loss. default setting is profitable but you can customize. but it work with only 1 indicator which make it a little but risky
Anyone have the setup file? thank
lost 500 $ in 2 days
It is way more than I expected… Thank you…
on the demo version, everything is trading fine so far
Good EA.
All rsi settings dont work together.
bien
Excellent…