RSI Arrows V4 EA- FOREX MT4 EXPERT ADVISORS
You will be able to download the product once the payment is completed (instant)
How this Robot works?
This EA will open and close trades automatically, without you having to do anything. It is based on the popular RSI ARROWS indicator.
RSI Arrows robot was built based on the RSI indicator. You can expect most pairs with LOW DD , please try on demo and understand how this bot work before move in too REAL account.
This indicator will generate an arrow alert whenever RSI crosses OUT below the oversold/bottom level or OUT above the overbought/top level.
The top level indicates a potential overbought/sell signal and the bottom level indicates a potential OverSold/BuySignal.
1. Before using on a live account, test the EA, on your Demo account first.
2. Use VPS or hosting server so that your EA never stops running, even if your computer turns of
3. For best results, use the leverage of 1:500
4. At least $100 minimum to be available on the trading account in order to implement the strategy built into the EA.
5. Low spreads + low commission + high quality execution are important when choosing a broker to trade.
Remember: Trade only with money that you can afford to lose. Historical performance is never any “guarantee” for future performance.
NO NEED TO MAKE COMPLEX CONFIGURATIONS, WE HAVE ALREADY FULLY CONFIGURED IT, YOU ONLY HAVE TO LOAD THE EA AND INDICATORS
Broker: You should have a Scalping broker with 0 Spread or very low Spread, or one that pays per lot traded and has no Spread. If you have a broker and you do not know its Spread, you should find it out beforehand. IF YOUR SPREAD IS HIGH THE EA WILL NOT OPEN TRADES.
VPS: Not Required – But if you want, use a VPS or a hosting server with minimum network latency with respect to the broker’s server -It is always good to use the VPS recommended by your broker as they will work well with each other.