RISM By :
EA (Expert Advisor) designed to run on MetaTrader 5 (MT5) using the RSI (Relative Strength Index) indicator. This automated trading system is specifically optimized for the GBPUSD currency pair and operates on a 1-minute time frame.
| Currency Pair | GBPUSD |
| Time frame | M1 |
| Terminal | MT5 |
| Trading Style | Martingale |
Live Performance [mfb_live_link]
FirstTrade：10/21/2023 00:00 LastUpdate：01/17/2025 13:31
| Total gain | -100% |
| Daily gain | -1.51% |
| Monthly gain | -37% |
| Drawdown | 100% |
| ProfitFactor | 0.62 |
| Pips | -872.6 |
| Currency | USD |
| Deposits | 200 |
| Profit | -199.25 |
| Balance | 0.75 |
| Equity | 0.75 |
| Interest | -8.99 |
Broker : MetaQuotes Software Corp
(DEMO)
Description
This EA utilizes a trading method known as martingale, which is a high-risk, high-return strategy. This approach involves increasing the trade size after each loss, with the aim of recovering previous losses and generating profits. It is important to note that while martingale can be highly profitable, it also carries a higher level of risk.
By incorporating the RSI indicator, our EA identifies potential overbought and oversold conditions in the market. The RSI is a popular technical analysis tool that measures the strength and speed of price movements. It helps to identify potential reversals or continuations in the price trend, allowing our EA to make informed trading decisions.
With our EA running on MT5, you can benefit from the convenience of automated trading. The system will execute trades on your behalf based on the predefined parameters and trading rules. This eliminates the need for manual monitoring and allows you to take advantage of trading opportunities even when you are not actively watching the market.
Please note that while our EA is designed to enhance trading efficiency and potentially generate profits, it is crucial to carefully consider the risks involved.
Experience the power of our EA running on MT5 using the RSI indicator for GBPUSD on a 1-minute time frame. Take advantage of automated trading and the potential for high returns, but always remember to trade responsibly.
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