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RMI EA Forex Robot (MT4)

The RMI EA Forex robot for Metatrader 4 is a universal trading robot that is based around the RMI technical indicator.

This expert advisor offers a lot of different inputs options to choose from.

For instance, you can fully modify the RMI and momentum period, enable grid mode, enable martingale, hedge mode, use trailing stops,…

Overall, the RMI EA showed promising results during our testing period (see track record below).

The RMI expert advisor can be used with any Forex broker and should work for any time frame.

As always, please use this EA on a demo account first until you fully understand how it works and how it performs over an extended period of time.

Free Download

Download the “RMI EA.ex4” expert advisor

Strategy Tester Report

Find below the RMI EA track record for the GBP/CAD M30 chart (click on the picture for full size view).

  • Total profit: $384.24
  • Profit factor: +2.73
  • Profit in pips: 5059
  • Drawdown: 7.2%

Download This Expert Advisor

Download the “RMI EA.ex4” EA

Recommendations & Specifications

  • Trading instruments: Any currency pair
  • Time frames: Any
  • Minimum account balance: $50
  • Demo account: Yes
  • Real account: Yes
  • Trading platform: Metatrader 4

Chart Example

The picture below shows the RMI EA expert advisor attached to the GBP/CHF 30-minute chart.

Input Parameters & Settings

The following input parameter values can be modified by accessing the EA’s “Inputs” tab:

RMI period, momentum period, buy level, sell level, bar shift, use hedge, pair to hedge, stop loss, take profit, grid pips, broker, spread filter, magic number, global magic, profit in pips, martingale

How to install and run the RMI EA?

  • Open the Metatrader 4 platform
  • From the top menu, click on “File”
  • Now click on “Open Data Folder”
  • Open the “MQL4” folder
  • Open the “Experts” folder
  • Copy the RMI EA.ex4 file here
  • Then close and restart the MT4 platform
  • Attach the expert advisor to the chart

Now, you are ready to start using the RMI EA!