RSI EA ΜΤ5 is a unique, fully automated Expert Advisor for trading the well known and extremely efficient Relative Strenght Indicator, being able at the same time to control your trading account’s profit and/or loss at a basket level, for all your open positions combined. RSI EA MT5 has 3 different strategies for trading the Relative Strenght Indicator, open trades on RSI extremes on live bar, open trades on RSI extremes on closed candle and open trades on RSI level crossing. This last strategy is a unique approach of the Relative Strenght Indicator, since its a trend following strategy and not a reversal one. A Moving Average filter is also available in order to skip opening trades that are not following the current trend. This EA comes with a default EURUSD H3 strategy, specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT 3 time zone servers). Other brokers or account types may be used, but you may need to test RSI EA MT5 and make any necessary time adjustments to fit your broker/account. 

Product Installation  |  Update of a Purchased Product  |  Claim your FREE Signals Guide

• Martingale, Grid, Averaging or other dangerous techniques are not used
• RSI Level Live Bar (once per candle) trade opening
• RSI Level Closed Candle trade opening
• RSI Level Crossing trade opening
• Single or multiple orders per trading session
• Net Asset Risk option, for extra account protection
• Moving Average Trend Filter
• Hard and Virtual Take Profit and Stop Loss levels
• Basket TP, SL, BE and Trailing SL in % for all open positions combined
• Default EURUSD H3 50 RSI crossing strategy
• 100% automated Expert Advisor
• MQL5 VPS compatible

[spoiler title=”Read More…”]

You should attach RSI EA ΜΤ5 to a chart of your desired currency pair (or pairs) in the MT5 terminal and click the Algo Trading button. If you use MQL5 VPS, you need to synchronize with your MQL5 VPS in order to migrate your trading environment onto the virtual server (right click on the MQL5 VPS in the Navigator window >> Synchronize experts, indicators).

• RSI EA’s ΜΤ5 default settings are a ready to trade strategy for EURUSD on H3 timeframe, specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT 3 time zone servers). Other brokers or account types may be used, but you may need to test RSI EA MT5 and make any necessary time adjustments to fit your broker/account. This is the 2020-2021 EURUSD MT5 100% quality backtest with RSI MT5 EA’s default settings.

• Click here for detailed: RSI EA MT4/5 inputs

Click here for detailed: RSI EA MT4/5 inputs

RSI EA MT5 comes with a default EURUSD H3 strategy, specially optimized for ECN Raw Spread ICMarkets accounts (New York based GMT 3 time zone servers).

Other brokers or account types may be used, but you may need to test RSI EA MT5 and make any necessary time adjustments to fit your broker/account.

You can find that server time in your MT5 Marketwatch window (MT5 >> View >> Marketwatch).

Below is a list of the adjustments that need to be made, according to you broker’s server time.

WARNING: You must adjust RSI EA’s MT5 Start Time and End Time settings accordingly, before you test or trade with it!

[/spoiler]