RSI Strategy EA V1.30 MT4 – Automate RSI Trading with Precision

Let’s be honest—most traders have tried to use RSI (Relative Strength Index) in their strategy at some point. It’s one of the most classic and trusted indicators in the forex world. But the problem is, manually watching the charts for every overbought and oversold signal is exhausting, not to mention prone to human error. That’s where RSI Strategy EA V1.30 MT4 comes in.

This automated trading tool takes the RSI concept and turns it into a consistent, rule-based Expert Advisor. Designed for MetaTrader 4 (MT4), the EA identifies when markets are overextended, automates entries, manages exits, and even allows reverse trading inside RSI zones. If you’re tired of missing opportunities or second-guessing your analysis, this EA could be a game-changer.

And the best part? You can grab it free from ForexFactory.cc, powered by YoForex.

Overview of RSI Strategy EA V1.30 MT4

The RSI Strategy EA MT4 works by automating trades around overbought (RSI > 70) and oversold (RSI < 30) conditions. Instead of waiting for hours, the bot executes instantly when conditions are met.

But unlike simple RSI bots, this version is versatile:

It supports reverse trading setups, meaning if you want to go long when RSI is high or short when it’s low (contrarian approach), the EA can do it.

You can adjust RSI levels, timeframe filters, stop loss, take profit, and trailing stops for maximum flexibility.

The system has been extensively back-tested on multiple currency pairs and gold (XAUUSD), with results showing steady performance across volatile and trending markets.

Recommended Setup:

Pairs: EURUSD, GBPUSD, XAUUSD

Timeframes: M15, M30, H1

Minimum Deposit: $100

Broker: Any MT4 broker with normal spreads

VPS: Suggested for 24/5 continuous trading

Key Features of RSI Strategy EA V1.30 MT4

• Automates RSI signals (no more manual chart watching)
• Reverse trading supported for contrarian strategies
• Works on forex pairs and gold (EURUSD, GBPUSD, XAUUSD)
• Multi-timeframe flexibility (M15–H1 recommended)
• Built-in stop loss and take profit management
• Trailing stop option for maximizing profits
• Risk control settings (lot size, equity % per trade)
• Back-tested for consistency over 5+ years of data
• Very light on CPU and RAM—optimized for low-resource VPS
• One-click install and easy setup in MT4

Backtest Proof & Live Performance

During YoForex’s internal testing, the RSI Strategy EA V1.30 was run on EURUSD (M30 timeframe) over a 3-year backtest period. The results showed:

Win Rate: ~68%

Max Drawdown: 8–12%

Profit Factor: 1.9

Equity Growth: Smooth curve with low volatility

On live accounts, the EA has shown stable behavior with no runaway losses, especially when configured with conservative lot sizing (0.01–0.05 per $1000).

The beauty of this bot is that it adapts—whether you want to trade trend reversals or continuation setups, it can be optimized to your style.

Installation & Setup

Getting started is straightforward:

Download the EA from ForexFactory.cc.

Copy the file (.ex4 or .mq4) into:
MT4 → File → Open Data Folder → MQL4 → Experts

Restart your MT4 terminal.

Open your chosen chart (e.g., EURUSD M30).

Drag RSI Strategy EA V1.30 onto the chart.

Load the recommended settings or customize parameters (RSI levels, lot size, SL/TP).

For clarity, here’s what your MT4 Navigator panel will look like after installing:

Why Choose YoForex-Powered Tools?

YoForex, the team behind ForexFactory.cc, is committed to providing traders with free, fully functional tools that are usually sold at a premium elsewhere. By downloading from their platform, you benefit from:

Free lifetime updates

Transparent backtests and performance reports

Continuous optimizations from real traders

24/7 community support

Unlike many shady vendors selling “holy grail” bots, YoForex puts results and trust first.

Check out their About Us page for more details.

Support & Disclaimer

Got issues setting up the EA? Don’t worry—you’ve got multiple support channels:

WhatsApp: Chat Now

Telegram: Join Group

Disclaimer: Forex trading involves risk. Past performance is not a guarantee of future profits. Always test on demo before going live, and never risk money you can’t afford to lose.