_RSIvsValue_EA - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resources
If RSI is below 50 - open a sell position (close a buy position)
If RSI is above 50 - open a buy position (close a sell position)
SL 100, TP 300, TS 0
Attachment download
📎RSI_Value_EA.mq4 (5.42 KB)
Source: MQL5 #11143
_RSIvsValue_EA - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 Resource Usage and Screening Suggestions
_RSIvsValue_EA - MetaTrader 4 Expert | MT4 EA Download - MetaTrader 4 resources belong to MT4 EA related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based on titles or short-term profit descriptions.
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