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.
|Class||short and long term|
|Lot size||not less than 1000 units per 0.1 of a standard lot|
|Timeframes||from M5 and higher|
|Trading tool/currency pairs||EURUSD, GBPUSD|
|Yield per annum, %||53.37|
|Max.drawdown, % per annum||29.32|
|Automatic account type|
|Max risk limitation|
|Several one-way series|
|Auto start lot|
|Fixed stop loss|
|Automatic lapse expansions|
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