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Grid EA Pro RSI MT4 – Forex Expert Advisors MT4

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Grid EA Pro RSI is an professional Grid advisor works according to RSI ( Relative Strength Index ) indicators. And has the function of Reducing the Drawdown on the account by overlapping unprofitable orders. The chart displays information about the profit.

⚡ Use default setting for GBPUSD, GBPJPY timeframe H1/M5

⚡ MT5 version:

  • RSI_PERIOD – period for calculating the relative strength index;
  • UP_LEVEL – upper bound;
  • DN_LEVEL – lower bound;
  • RSI_TIMEFRAME – timeframe for calculation;
  • START_LOT – initial lot;
  • LOT_MULTIPLIER – lot multiplier in the order grid;
  • MAX_LOT – maximum lot;
  • STEP_ORDERS – order grid step;
  • STEP_MULTIPLIER – order step multiplication factor, if = -1 then it is not used;
  • MAX_STEP – maximum order grid step;
  • OVERLAP_ORDERS – from which order to enable the order overlap function;
  • OVERLAP_PIPS – minimum profit in pips for closing unprofitable orders;
  • STOPLOSS, TAKEPROFIT – stop loss and take profit in pips, if = -1 is not used;
  • BREAKEVEN_STOP, BREAKEVEN_STEP – level and step of breakeven, if = -1 is not used;
  • TRAILING_STOP, TRAILING_STEP – trailing stop level and step, if = -1 is not used;
  • MAGIC_NUMBER, ORDERS_COMMENT – magic order number and comment;
  • START_TIME, END_TIME – time at which it is allowed to open orders. if = “00:00”, then not used;

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