Description
(Mqlrobot) Money Flow RSI TPSL EA MQL4 – An Intelligent EA for Precise Trend Reversal Trading
(Mqlrobot) Money Flow RSI TPSL EA MQL4 is developed with MQL4 and designed on the FxDreema platform, allowing traders to customize and extend its functionality to fit various trading strategies. This EA is perfect for trend reversal traders, utilizing the Money Flow Index (MFI) and Relative Strength Index (RSI) to determine precise entry points.
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1️⃣ Trading System
✔ The EA triggers buy (Buy) or sell (Sell) orders when the Money Flow Index (MFI) and RSI reach predefined zones (Overbought or Oversold) to identify potential trend reversals.
2️⃣ Closing System
✔ Take Profit (TP): Closes trades when the profit target is achieved.
✔ Stop Loss (SL): Limits potential losses by setting a Stop Loss level.
3️⃣ Customizable Settings
✔ Traders can adjust input parameters, including:
- MFI zones
- RSI zones
- Take Profit levels
- Stop Loss settings
- Max Order limits
Technical Details
📌 EA Type: Trend Reversal EA
📌 Recommended Starting Capital: 100 USD per 0.01 lot
📌 Lot Type: Fixed Lot
📌 Trading System: MFI + RSI
📌 Closing System: Take Profit, Stop Loss
📌 Trading Symbol: EURUSD
📌 Timeframe: 1 Hour
Key Highlights
📈 Utilizes MFI and RSI for precise Overbought/Oversold zone analysis.
💡 Fully customizable to suit various trading strategies.
🎯 Optimized for identifying trend reversal opportunities with high accuracy.
Tips and Warnings
⚠ Risk Disclaimer: Trading involves risks. Users are fully responsible for their actions.
⚠ Backtesting: It is recommended to test the EA with 99.9% tick data accuracy before live trading.
🚀 Start using (Mqlrobot) Money Flow RSI TPSL EA MQL4 today to enhance your trading efficiency!
Automated Trading, MQL4, Expert Advisor (EA), Money Flow Index EA, RSI EA, Trend Reversal EA, EURUSD Trading, Forex Expert Advisor, FxDreema EA, EX4
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