Auto Trade With RSI EA
RSI + EAM fluctuation EA · ATR-based SL/TP/trailing · EURGBP H4 · MT4
About Auto Trade EA (RSI-based)
The Auto Trade EA, listed on the MQL5 Market, is a fully automatic MetaTrader 4 Expert Advisor that analyses the fluctuation intensity of a symbol, combining an EAM (exponential average momentum) reading with the RSI (Relative Strength Index) indicator to distinguish valid open-trade signals.
It opens trades when RSI enters oversold or overbought territory, and calculates Stop Loss, Take Profit, and Trailing Stop dynamically using the ATR indicator. The developer recommends EURGBP on the H4 timeframe for backtesting and live use, though the EA is compatible with M15, H1, H4, and D1 timeframes on any symbol. Configuration is intentionally simple, with just two adjustable input parameters.
- Platform: MetaTrader 4
- Strategy: RSI overbought/oversold entries + EAM fluctuation filter
- Exit management: ATR-based SL/TP/Trailing Stop
- Recommended pair/TF: EURGBP, H4
- Compatible timeframes: M15, H1, H4, D1
- Source: mql5.com · Auto Trade EA