SimpleGridBot MT4
by Andreas Metzner · MT4
Loading...
Loading...
Browse all reviews, rankings, guides, strategies, and trust documents.
Live MetaTrader terminals from FxRobotEasy accounts. Every capture is watermarked and hash-stamped, and opens its own public report.
The player loads from YouTube only after you press play.
Summary
Simple RSI Forex Trading Strategy is an MT4 expert advisor by Victor Manuel Valderrama Zamora rated 4/5 with price information not available and no verified performance stats. It appeals to traders who want a rules-based RSI approach and an easier setup on MetaTrader 4, but it has limited transparency on live results. Alternatives such as PZ Stop And Reverse, Market Anomalies, Neon Shadow, Night Ranger and EA Pivot SR mt5 rate higher and offer clearer pricing. Consider broker spreads, execution, and drawdown risk; FxRobotEasy independently reviews all products for impartial comparison.
Retail forex traders often compare Simple RSI Forex Trading Strategy to other expert advisors to weigh ease of use, platform compatibility, and risk controls. The Simple RSI EA is an MT4 tool built around a familiar indicator, but alternatives may offer different entry logic, money management and MT5-native features. Because broker rules, spreads and execution quality materially affect automated strategies, traders should examine platform realities before buying. FxRobotEasy independently reviews all products listed here so readers get a neutral baseline; note that price and verified live statistics are not always available and must factor into any purchase decision.
| Metric | Simple RSI Forex Trading StrategyMain Product | Trendopedia Ai Our bot | SimpleGridBot MT4 | SilvMAT | SimpleMACrossover MT4 | Silversurfer |
|---|---|---|---|---|---|---|
| Rating | 0.0 | N/A | N/A | 0.0 | 0.0 | N/A |
| Price | N/A | $149 | N/A | N/A | N/A | $119 |
| ROI | N/A | +291.1% | N/A | N/A | N/A | N/A |
| Max Drawdown | N/A | 22.0% | N/A | N/A | N/A | N/A |
| Win Rate | N/A | 56.4% | N/A | N/A | N/A | N/A |
| Profit Factor | N/A | 1.48 | N/A | N/A | N/A | N/A |
| Total Trades | N/A | 429 | N/A | N/A | N/A | N/A |
| Downloads | 0 | N/A | 0 | 0 | 0 | 0 |
| Links |
ROI, drawdown, win rate, profit factor and trade counts for MQL5 listings are FxRobotEasy modelled Strategy Tester aggregates — simulated, not live or broker-verified. Rating, price and downloads come from the MQL5 Market listing. The FxRobotEasy column is different in kind: those rows are one published trading account, read live from app.fxroboteasy.com at page build, not a modelled run. It is not like-for-like with the columns beside it, and the per-row winner marker compares a live account against simulations. Its rating and downloads are not tracked here.
Simple RSI Forex Trading Strategy is an MT4 expert advisor authored by Victor Manuel Valderrama Zamora and rated 4/5. Price is listed as $N/A and there are no verified performance stats available. Strengths include straightforward, RSI-based entry and exit logic that many retail traders understand, and easier setup for MetaTrader 4 environments. Weaknesses are limited transparency on live results, unclear risk management defaults, and potential sensitivity to broker spreads and slippage. It suits traders who value simplicity, want an RSI rule set automated on MT4, and who will backtest extensively before using live capital. Remember that drawdowns are possible with any EA and that broker rules, spreads, leverage and order execution will influence real-world outcomes. FxRobotEasy independently reviews this and other EAs to help traders compare features and risks objectively.
by Andreas Metzner · MT4
by MARC ALBRECHT SCHMID · MT4
by Andreas Metzner · MT4
by Mario Verdicchio · MT4
Simple RSI Forex Trading Strategy is a straightforward MT4 expert advisor suited to traders who prefer RSI-rule automation and simple setups, but it lacks published live stats and price visibility. Higher-rated alternatives often provide clearer pricing, MT5-native features, or session-specific logic that may better match particular trading styles. No product guarantees performance; spreads, broker execution and drawdown risk will materially affect outcomes. FxRobotEasy independently reviews all listed bots and offers verified alternative bot listings for traders seeking validated options. Run thorough backtests, demo forward tests and use conservative sizing before deploying any EA live.
Whether it is worth buying depends on your priorities. The EA is simple and MT4-friendly, which helps traders who want RSI-based automation. However, price is listed as $N/A and there are no verified performance statistics available, so you'll need to backtest extensively and demo trade under your broker's spreads and execution. Avoid assuming past or hypothetical results will repeat; manage position size to limit drawdown risk.
There is no one-size-fits-all best alternative; choice depends on platform and strategy preference. PZ Stop And Reverse EA MT5 ($149) and Market Anomalies EA ($99) scored higher in ratings and offer different logic—reversal and anomaly detection respectively. Neon Shadow, Night Ranger and EA Pivot SR mt5 also rate 5/5 but have varying price transparency. All alternatives lack verified live stats, so pick based on MT4 vs MT5 compatibility, session focus, and your tolerance for manual tuning.
Broker rules, spreads, execution latency and slippage directly influence an EA's real-world performance. Narrow spreads and fast execution benefit strategies with frequent entries, while wide spreads and requotes can turn profitable backtests into losses. Leverage limits, margin requirements and swap charges also affect drawdown and carry costs. Always backtest and forward demo under the exact broker conditions you plan to use to estimate realistic results and adjust position sizing accordingly.
While evaluating Simple RSI Forex Trading Strategy and its alternatives, consider Trendopedia Ai, developed by FxRobotEasy. Its review page covers the strategy, settings and the published trading accounts. The figures below come from one published account, read live from app.fxroboteasy.com; the date they were computed is shown with them, and they are absent when that account has no closed trades to report.
+291.1%
Total Return
22.0%
Max Drawdown
56%
Win Rate
429
Total Trades