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 PairGBPUSD
Time frameM1
TerminalMT5
Trading Style

FirstTrade:10/21/2023 00:00 LastUpdate:02/08/2025 14:29

Custom Widget

Total gain-100%
Daily gain-1.3%
Monthly gain-37%
Drawdown100%
ProfitFactor0.62
Pips-872.6
CurrencyUSD
Deposits200
Profit-199.25
Balance0.75
Equity0.75
Interest-8.99

Download This Free EA (RISM)

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.

True 0.0 Spread Broker Cut Trading Costs Dramatically

The HF Markets Zero Account delivers a true 0.0 spread on major pairs (like EURUSD). With a one-way fee of only 3.0 USD per lot (6 USD round trip), it offers unbeatable low-cost trading compared to other brokers. Our free EA performs best when paired with the finest broker.

Broker Typical EURUSD Spread One-way Fee per Lot Round Trip Fee per Lot Effective Trading Cost
HF Markets (Zero account) 0.0 pips 3.0 USD 6 USD 0.6 pips
IC Markets (Raw account) 0.1 pips 3.5 USD 7.0 USD 0.8 pips
XM (Zero account) 0.2 pips 5.0 USD 10 USD 1.2 pips
  • Swap-Free: Available on all accounts so you can trade without worrying about extra costs.
  • Leverage 1:2000: Enjoy flexible trading with top-tier leverage.
  • Sleek Platform: An intuitive, user-friendly trading environment.

By registering with HF Markets through our special link, you'll secure the best trading conditions to fully benefit from our free EA.

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