RSI EA MT4

RSI EA MT4 – Multi-Strategy RSI Expert Advisor

Looking for a solid, indicator-based EA for MT4 that delivers disciplined trading without risky techniques? RSI EA MT4 leverages multiple Relative Strength Index (RSI) strategies, net-asset risk management, and basket-level controls—without martingale or grid. Optimized for ECN Raw Spread accounts, it’s an honest, honest-coded assistant built for consistency.

What Is RSI EA MT4?

RSI EA MT4 is a fully automated Expert Advisor for MetaTrader 4 that executes trades based on RSI signals using four distinct methods: live-bar extremes, closed-candle extremes, RSI level crossings, and a unique trend-following variant. It also manages risk at the basket level by controlling combined profit/loss across all open positions.

• Platform: MT4
• Category/Strategy: RSI-based strategies with trend and reversal logic
• Strategies: 4 strategies: live-bar extremes, closed-candle extremes, level crossing (trend-following)
• Requirements: Optimized set files for ECN Raw Spread ICMarkets (GMT+3); may need time adjustments for other brokers
• Version & Last Update: v2.40, updated 10 March 2025
• Vendor/Author: Juvenille Emperor Limited

Why RSI EA MT4 Stands Out – Features & Benefits

Four Distinct RSI Strategies

Combines reversal and trend-following RSI techniques, including level crossing—versatile and adaptive.

No Martingale, No Grid

Ethical code: avoids aggressive averaging or grid methods. Instead, it promotes disciplined trading.

Basket-Level Risk Management

Manages profit/loss across all open trades using basket-level SL, TP, BE, and trailing SL—ideal for account protection.

Advanced Candle Filtering

Includes a previous daily range candle filter to better align trades with market structure.

Fully Customizable Trade Settings

Offers configurable Stop Loss, Take Profit, Break-even, trailing stops (points or range percentage), and virtual/hard levels.

MQL5 VPS Compatible & Optimized Sets

Comes with pre-optimized set files for fast deployment, and works seamlessly on MQL5 VPS.

Optimal Settings Guide

• Use ECN Raw Spread accounts (e.g., ICMarkets) with GMT+3—adjust for different brokers as needed.
• Start using optimized set files and test in strategy tester.
• Allocate risk per symbol at 0.5%–1% max and select top-performing configurations monthly.

Conservative Mode

Select only one RSI strategy; keep SL/TP tight; limit basket exposure to a few trades.

Aggressive Mode

Enable multiple strategies; wider SL/TP; allow larger basket targets for higher return potential.

Examples & Risk Management

For example, on EURUSD using “RSI level crossing” strategy—open trades only when RSI crosses predefined thresholds. Basket-level SL ensures maximum account risk control, while trailing SL locks profits as the trade matures.

Comparison & Compatibility

• MT4-only EA, no MT5 version.
• Best suited for ECN brokers; requires time adjustment for GMT differences on other accounts.
• Equally compatible with strategy tester and live execution via VPS.

For full licensing and usage details, see the official specifications on MQL5 Marketplace.

License & Usage

The EBFE90 version offers unlimited personal usage with no activation restrictions. Details: Personal Use License (EBFE90). For commercial or client distribution, please acquire the original MQL5 license.

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EBFE90 Advantages:

• Instant download after purchase—deploy instantly.
• Unlimited personal license—hassle-free activation.
• Ethical, well-coded, multi-strategy RSI EA with disciplined risk controls.

FAQ – RSI EA MT4

• Q: What strategies are included?
  A: Four RSI-based methods: live-bar extremes, closed-candle extremes, level crossing (trend-following), and crossover strategies.
• Q: Uses martingale or grid?
  A: No—it does not use these risky methodsQ: How is risk managed?
  A: Basket-level SL, TP, BE, and trailing stop protect combined positions.
• Q: What is the latest version?
  A: Version 2.40, updated 10 March 2025.
• Q: Compatible brokers?
  A: Designed for ECN Raw Spread accounts like ICMarkets; time zone adjustments may be needed for others.
• Q: Are set files included?
  A: Yes—it includes optimized set files and monthly updates based on performance.
• Q: Can I test it with VPS?
  A: Yes—fully compatible with MQL5 VPS.
• Q: Who is the author?
  A: Developed by Juvenille Emperor Limited.

Conclusion

RSI EA MT4 delivers disciplined, multi-strategy RSI trading with robust basket-level controls and no risky averaging tactics. EBFE90 offers seamless, unlimited personal licensing for this balanced trading assistant. For traders seeking integrity, flexibility, and precision—Buy Now and trade smarter with RSI-based structure.