Forex Expert Advisor RSI Range Trader

The RSI Range Trader Expert Advisor is a free trading software. Its usage is restricted to FXCM brokerage and MetaTrader4 trading platform. The advisor is an indicator type and applies Relative Strength Index indicator in its work. The advisor places buying and selling trades according to the relationship of the tool bid price to the level of the indicator. RSI Range Trade Expert Advisor places only one trade at a time. The advisor is not featured with stop-loss so it is advised to be careful to avoid losing the deposit. RSI Range Trade can also be used as an oscillator, in this case it always keeps the trades open.

Developer FXCM
Class short and long term
Type trend
Lot size not less than 1000 units per 0.1 of a standard lot
Deposit 500
Leverage 500
Timeframes from M5 and higher
Strategies own strategy
Indicators RSI indicator
Recommended brokers FXCM
Trading tool/currency pairs EURUSD, GBPUSD
Yield per annum, % 53.37
Max.drawdown, % per annum 29.32
Rating 6.6
Automatic account type
Multiple usage
Mini deposits
Max risk limitation
Several one-way series
Auto start lot
Fixed stop loss
Fixed takeprofit
Automatic lapse expansions
Created, year 2015

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