Description
(Mqlrobot) RSI Macd TPSL EA MQL4: Trade with Confidence Using RSI, Trailing Group, and Cutloss System
🚀 Enhance your trading strategy with the Mqlrobot RSI Macd TPSL EA, an Expert Advisor (EA) developed with MQL4 on the FxDreema platform. This EA is highly customizable and adaptable, providing automated trading with built-in risk management tools like RSI-based trade execution, a Trailing Group system, and a Cutloss system.
Thank you for reading this post, don't forget to subscribe!Designed for efficient and controlled trading, this EA employs a Half Martingale strategy, ensuring optimized risk management while maintaining consistent trade execution.
📌 Structure and Operating System
✔ Trading System:
- Uses RSI (Relative Strength Index) to identify optimal market conditions
- Opens Buy/Sell orders when RSI enters the designated overbought/oversold zone
- Does not double lots, but can open multiple trades concurrently
✔ Risk Management System:
- Trailing Group System: Moves all stop-loss levels to the same position, minimizing risk while locking in profits
- Cutloss System: Reduces loss when price moves against the trade, preventing excessive drawdowns
✔ Closing System:
- Orders close automatically when the Trailing Group is activated and price retraces to hit the adjusted Stop Loss
- Cutloss is triggered if the preset maximum drawdown limit is reached
✔ Customizable Input Values:
- Users can adjust RSI settings, trailing, cut loss values, and lot sizes
- Max Order System: Limits the number of simultaneous trades to control risk exposure
✔ User-Friendly Interface:
- Simple setup and flexible customization options for all types of traders
📌 Technical Details
📌 EA Type: Half Martingale
📌 Development Language: MQL4 and Fxdreema
📌 Recommended Capital: 1,000 USD per 0.01 lot
📌 Lot Output Type: Fixed Lot
📌 Trading System: RSI + Trailing Group + Cut Loss
📌 Closing System: Trailing Stop Group of Trade & Cut Loss
📌 Trading Symbol: EURUSD
📌 Timeframe: 1 Hour (1H)
🎯 Key Benefits
✔ Accurate Market Analysis: Uses RSI to detect strong trade setups
✔ Advanced Risk Management: Incorporates Trailing Group & Cutloss system to limit drawdowns
✔ Flexible & Customizable: Adjust settings to match any trading strategy
📌 For installation support and more details, visit: mqlrobot.com
⚠️ Trading Warnings & Recommendations
⚠ Forex trading involves risks. Users should analyze, backtest, and optimize before deployment
⚠ Backtesting is essential. We recommend testing with 99.9% tick data accuracy before live trading
RSI EA, Half Martingale EA, Trailing Stop EA, Cutloss EA, MQL4, Expert Advisor, Automated Trading, Forex Robot, EURUSD Trading, FxDreema EA
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