EA TB+RSI V1.0

EA TB+RSI V1.0 MT4: A Precision Tool for Automated Forex Trading

EA TB+RSI V1.0 MT4 is a powerful expert advisor designed to simplify trading by combining two effective strategies: trend breakout (TB) and Relative Strength Index (RSI). This expert advisor provides traders with an automated solution to identify high-probability setups, execute trades with precision, and manage risks effectively.

Recommended Settings

• Minimum Deposit: $100–$300 (suitable for traders starting with small to moderate capital).
• Timeframes: M1, M15, M30 (flexible for scalping or short-term strategies).
• Currency Pairs: EURUSD, GBPUSD, XAUUSD (optimized for performance on these pairs).

Key Features

• The combination of trend breakout and RSI strategies enhances accuracy, allowing the EA TB+RSI to capture both momentum-driven trades and overbought/oversold reversals.
• Designed to work effectively on M1, M15, and M30 charts, providing traders with flexibility to adapt to their preferred trading style.
• Built-in features like stop-loss, take-profit, and adjustable trailing stops help protect your capital while maximizing gains.
• Traders can personalize risk levels, lot sizes, and other parameters to fit their strategy and risk tolerance.
• The EA operates continuously, scanning the market, identifying opportunities, and executing trades even when you’re away.
• EA TB+RSI V1.0 comes with rigorous backtesting and live testing results, ensuring reliability across different market conditions.
• Designed to run efficiently on most trading setups without taxing hardware resources.
• Simple to install and configure, making it accessible to both beginners and experienced traders.

Strategy

• The EA TB+RSI identifies key support and resistance levels and monitors price action to detect breakout opportunities. By entering trades in the direction of the breakout, it captures momentum-driven moves for quick gains.
• The RSI component helps the EA TB+RSI identify overbought and oversold conditions, allowing it to capitalize on market reversals. This ensures that the EA avoids overtrading during trending conditions and takes advantage of countertrend opportunities.
• The synergy of these strategies ensures that the EA is effective across various market conditions. During strong trending markets, it focuses on breakouts, while in ranging markets, it targets reversal opportunities.
• The EA TB+RSIemploys intelligent position sizing through dynamic lot adjustment, ensuring trades are appropriately sized based on account equity and market volatility. Additionally, trailing stops lock in profits as the market moves in your favor, minimizing the impact of sudden reversals.