CAP RSI Trader EA

Experts MEETALGO LLC Version: 4.9 Updated: February 22, 2025
The CAP RSI Trader EA for MT4 utilizes the RSI Indicator for trading. It provides numerous customizable RSI trading scenarios and flexible position management settings, along with many useful features such as customizable trading sessions, martingale and inverse martingale modes. [Installation Guide | Update Guide | Submit Your Problem | All Products]

Features:
- Easy-to-use and customizable RSI settings
- Customizable indicator settings
- Built-in money management
- Grid trading for losses
- Customizable break-even, stop-loss, take-profit, and trailing-stop settings
- Trading filtered by multiple forex sessions
- Built-in news filter that automatically downloads news data from relevant websites
- Grid trading for profits (available in Pro Version)
- Initial trade stop filter, allowing you to set a daily time zone for automatic trade closures (available in Pro Version)
- Daily time-based trade close filter (available in Pro Version)
- Martingale features implementation (available in Pro Version)
- Partial closing (available in Pro Version)
Learn more about the PRO version

Entry Strategies:
- Cross at OS/OB: Trade when the RSI Indicator reaches oversold or overbought levels.
- Cross at OS/OB Line: Trade when the RSI value crosses the oversold or overbought line.
- Cross COMEBACK at OS/OB Line: Trade when the RSI value crosses back over the oversold or overbought line.

Input Parameters:
For a detailed description of the EA's input parameters, please refer to the user guide.

Interested in an EA with a More Advanced Strategy?
Our Strategy Builder EA is an ALL-IN-ONE solution that includes all the functions of the PRO version along with over 34 built-in indicators. This allows you to create up to a million combination strategies, enhancing your trading approach with a substantial amount of functionality. You can easily test your strategies without any coding knowledge. MT4 Version here | MT5 Version here.

Support:
While I am pleased to offer free products, please note that due to my limited time, they do not come with any support. My apologies for any inconvenience.

Bundle Purchase:

Save big with our exclusive offer! Get all our trading robots in a single bundle for just $39. For more details, click here.

Custom Modification / White-label:
If you're interested in personal custom development or a white-label version of this product, please contact us for more details.

Official Channel:
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Author:

Mohammad Ali, technical analyst and speculator, software engineer, and founder of MEETALGO LLC