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RSI expert advisor for MT5 - a template-based EA to create and test your own RSI trading system.

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EarnForex/RSI-EA

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RSI EA

Warning! This expert advisor will likely lose your funds if you run it on a live account! Use it only a demo account!

RSI EA is a custom MT5 expert advisor developed by EarnForex.com. It is based on the our MT5 EA template. It containts adjustable stop-loss and take-profit modules, position sizing module, and trading signals module.

The main idea of this EA is to offer a starting point to develop your own expert advisor based on the RSI indicator.

RSI EA exits its previous long trade and opens a new short trade

More information about this custom MetaTrader expert advisor is available here: https://www.earnforex.com/metatrader-expert-advisors/rsi-expert-advisor/

Any contributions to the code are welcome!