Description
(Mqlrobot) RSI Macd TPSL EA: Trade Confidently with RSI, Trailing Group, and Cutloss System
🚀 Optimize your trading with the powerful Mqlrobot RSI Macd TPSL EA, an Expert Advisor (EA) developed using MQL4 on the FxDreema platform. This EA is highly customizable, offering traders a strategic approach to risk management by integrating RSI-based trade execution, a Trailing Group system, and an advanced Cutloss mechanism.
Thank you for reading this post, don't forget to subscribe!This EA is perfect for those who prioritize calculated risk management, using an efficient Half Martingale strategy to enhance trade precision and minimize drawdowns.
📌 Structure and Operating System
✔ Trading System:
- Uses RSI (Relative Strength Index) to identify optimal trade entry points
- Opens Buy/Sell orders when RSI enters the specified overbought/oversold zones
- No lot doubling, but can open multiple trades simultaneously
✔ Risk Management System:
- Trailing Group System: Moves all stop-loss levels to the same price position to lock in profits and reduce exposure
- Cutloss System: Automatically cuts losses when the price moves significantly in the wrong direction
✔ Closing System:
- Orders close automatically when:
- Trailing Group system is activated and the price moves back to the adjusted Stop Loss
- The predefined Cut Loss level is reached
✔ Customizable Input Values:
- Traders can adjust RSI parameters, trailing settings, cut loss values, and lot sizing
- Max Order System: Controls the maximum number of active trades, preventing overtrading risks
✔ User-Friendly Interface:
- Designed for ease of use with simple setup and flexible customization options
📌 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 Trades & 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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