MetaTrader 5 β€£ MT5 Expert Advisors β€£ RSI EA – EA MetaTrader 5

RSI EA – EA MetaTrader 5

RSI EA β€” trading based on overbought/oversold zones determined by the iRSI (Relative Strength Index, RSI) indicator.

Author of the ideaΒ isΒ Siti Latifah,Β author of the MQL5 codeΒ isΒ barabashkakvn. Β Β 

The Expert Advisor will buy when the RSI indicator enters the oversold zone, and will sell when RSI enters the overbought zone.

  • OpenBUY, OpenSELL β€” now you can configure only buy, only sell or both directions.
  • CloseBySignal β€” you should set Stop Loss or Take Profit if ClosebySignal = false.

An example of a buy signal:

RSI EA Open BuyΒ 

An example of a sell signal:

RSI EA Open SellΒ 


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