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RSI MA EA Metatrader 4 Forex Robot

    The RSI MA EA Metatrader 4 Forex robot is an algorithmic trading system that have been active since 2000.

    It is an expert advisor that functions based on the Moving Average trend and the Relative Strength Index overbought and oversold regions.

    Interestingly, the RSI MA EA does not have targets but rather exits trades in line with its soonest profits.

    It’s a forex robot that always wants to win.

    The designed logic that signals a buy/sell on the RSI MA EA is based on the overbought or oversold conditions from the RSI indicator which matches price being aligned either below or above the moving average.

    Free Download

    Download the “MA-RSI-EA.mq4” MT4 robot

    Strategy Tester Report

    Find below the RSI MA EA forex robot strategy tester report for the GBP/JPY forex pair on the 1-Minute chart.

    Overall Performance

    The EA made a total profit of $2055.29 from a total of 6147 trades. The largest winning trade generated $556.01 in profits, while the largest losing trade generated a loss of-$577.63.

    Statistics:

    Bars in test: 5750465 ticks modelled

    Initial deposit: $100.00

    Total net profit: $2055.29

    Total trades: 6147

    Largest profit trade: $556.01

    Largest loss trade: -$577.63

    Consecutive wins: 18

    Consecutive losses: 1

    Download

    Download the “MA-RSI-EA.ex4” Metatrader 4 robot

    MT4 Forex Robot Characteristics

    Currency pairs: Any

    Platform: Metatrader 4

    Type: Expert advisor

    Input Parameters: Lot Value Mode, *Fixed Lot, *Percentage of Balance, *Percentage of Equity, MA Period, MA Shift, MA Method, MA Price, RSIperiod, RSIprice, RSIoverbought, RSIoversold, Magic

    Time frames: 1-Minute, 5-Minutes, 15-Minutes, 30-Minutes, 1-Hour, 4-Hours, 1-Day, 1-Week, 1-Month

    Type: RSI | MA

    Installation

    Copy and paste the MA-RSI-EA.mq4 into the MQL4 Experts folder of the Metatrader 4 trading platform.

    You can access this folder from the top menu as follows:

    File > Open Data Folder > MQL4 > Experts (paste here)