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RS TREND By :

This EA describes an Expert Advisor (EA) that works on his 1 hour timeframe for the EURUSD currency pair. The EA follows a simple trading logic to avoid over-optimization and relies solely on the Relative Strength Index (RSI) indicator to determine entry points.

Currency PairEURUSD
Time frameH1
TerminalMT5
Trading Style

FirstTrade:03/24/2024 00:00 LastUpdate:04/01/2025 05:19

Custom Widget

Total gain3%
Daily gain0.01%
Monthly gain0%
Drawdown20%
ProfitFactor1.06
Pips-300
CurrencyUSD
Deposits500
Profit15.89
Balance515.89
Equity515.89
Interest-4.11

Download This Free EA (RS TREND)

Description

Entry using the RSI indicator

RSI is an oscillator-based indicator that helps identify overbought and oversold conditions in the market.
Usually used for contrarian entries, this EA uses it to trade in the direction of the trend.

Trading strategy

This EA will not hold grid positions for a long time.

This EA focuses on trading according to trends.

Each position has a fixed stop loss and take profit value of 100 pips.
The trading strategy is very simple to avoid over-optimization.
The entry decision uses only the RSI indicator.

Lot size adjustment system

This EA aims to maximize account profits by flexibly adjusting lot size and quickly recovering losses.
This EA does not use a simple martingale method that doubles the lot size.
However, in order to recover past losses quickly, adjust the lot size and trade.
If consecutive losses occur, a significant drawdown may occur.

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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There is no backtest data.