We have just released an innovative Expert Advisor exclusively designed for the Forex Tester software. It is a fully automated Forex trading robot with a built-in Relative Strength Indicator (RSI) indicator.
This strategy is:
✅ Equipped with customizable SL, TP, Break-Even, Trailing Stop, and money management features.
✅ Designed with all required functions to manage positions.
The RSI strategy can:
Monitor overbought/oversold areas.
Track down opening trades based on these areas.
Check the ready-formed bars to cross overbought/oversold areas avoiding false signals.
Select the opening momentum of a trade. It can be exiting or entering one of these areas. The trading robot enters a long position if the RSI value crosses the area downwards or upwards, depending on the in-parameters.
Show when it is safe to buy, safe to sell, or stay out of the market.
Help identify whether you should close a position by momentum or have several positions of the same type.
We have equipped our EA with more than 14 additional parameters. So, you can change them at your will.
If you want to familiarize yourself with all the parameters in detail, check this document:
Contact us via email@example.com
Do not be afraid! Just trade!
Indicators coded by community members
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