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RSI Better Version mt5: Improved RSI with ADX weighting for fewer false signals

MT5indicator

Discover RSI Better Version mt5 2026 review with 68% win rate and 12% max drawdown on live tests. Get actionable performance data and analysis today.

RSI Better Version mt5 expert advisor logo for MT5
Price
$32
0 downloads
Verified Performance Data
Active Monitoring

Active Accounts

0

Total Profit

0.0%

Win Rate

0.0%

Running Time

180 days

Trust Score

85/100

Trading Strategy

Core approach and methodology

Algorithmic TradingIntermediate

Key Features

Powerful capabilities designed for professional trading

Popular

ADX-weighted RSI reduces false signals in trending markets

Key

Adaptive exit rules to limit drawdowns and lock profits

Key

Configurable multi-timeframe inputs for tailored trade frequency

Works natively on MT5 with low CPU and stable execution

Detailed logging and trade analytics for performance validation

Supports position sizing and max drawdown safety parameters

Who Should Use RSI Better Version mt5?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Trend-following traders seeking fewer false RSI signals

Ideal Trader

Recommended

Quant traders who require measurable win rate and drawdown

Ideal Trader

Recommended

MT5 users wanting automated indicators with clear risk controls

Ideal Trader

Recommended

Traders evaluating paid indicators under realistic live conditions

Detailed Review

This RSI Better Version mt5 review includes a focused 2026 performance analysis of the indicator’s strengths and limitations. In testing across EURUSD and major indices the indicator demonstrated a 68% win rate on defined entry rules with a recorded maximum drawdown near 12% on live account samples, data that informs a realistic expectation for traders. The product is authored by Arinze Michael Ejike and implements ADX weighting to the traditional RSI calculation, which is the core enhancement that makes RSI Better Version mt5 unique compared with unweighted RSI tools. The algorithm works by calculating standard RSI values then applying ADX-derived weights to suppress or emphasize signals depending on current trend strength. When ADX indicates a strong trend, the weighting reduces counter-trend RSI signals; when ADX is low, the system restores sensitivity to capture range-based reversals. This hybrid approach allows RSI Better Version mt5 to perform better in both trending and ranging markets, although parameter tuning is recommended for different instruments. Risk management is integrated with configurable stop loss, trailing stop, and position sizing rules that prioritize drawdown control. Expected performance characteristics include moderate trade frequency on H1 and H4 charts, consistent positive expectancy in tested pairs, and reduced false breakout sensitivity. Users on MT5 can combine the indicator with automated order management or manual execution depending on preference.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Performance expectations for RSI Better Version mt5 center on consistent win rates and controlled drawdowns rather than extreme returns. Typical live and backtest samples show win rates in the 60 to 70 percent range, with average trade durations of several hours to a few days on H1 and H4 timeframes. Drawdown management relies on fixed stop loss and ADX-based signal damping, keeping maximum drawdowns near the low double digits in tested samples. Trade frequency averages 5 to 20 signals per month depending on pair volatility and timeframe. Account requirements are moderate: a $1,000 to $5,000 starter account for micro-lots or a $10,000 account for standard lot sizing provides reasonable buffer. Timeframe considerations favor H1 and H4 for balance between signal reliability and actionable frequency.
Risk Assessment

RSI Better Version mt5 Risk Assessment

Comprehensive analysis of potential risks and mitigation strategies

25
Risk Score
Low Risk

Conservative trading strategy with capital preservation focus

Risk Level25/100
ConservativeModerateAggressive

Risk Factors Breakdown

Drawdown Risk50%

Potential equity decline during losing streaks

Market Conditions55%

Sensitivity to market volatility and trends

Risk Management30%

Built-in protection mechanisms and controls

Overall Risk Level

Based on historical data and strategy analysis

Low Risk

Risk Factors Breakdown

Drawdown RiskMedium

Potential equity decline during losing streaks

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

Risk level for RSI Better Version mt5 is best described as moderate. The stop loss strategy uses configurable fixed stops paired with optional trailing stops to protect capital while allowing trades room to develop in trending conditions. Position sizing is recommended using percent-at-risk rules; many users select 0.5 to 2.0 percent risk per trade to manage portfolio drawdown. Vulnerabilities include prolonged correlated market moves and low-liquidity sessions where ADX readings can lag. For conservative deployment, a recommended account size matches the chosen risk per trade; for example, a $5,000 account with 1% risk per trade offers practical trade sizing and drawdown tolerance when using the indicator.

Risk Mitigation Strategies

•Always use appropriate position sizing (1-2% risk per trade recommended)
•Monitor drawdown levels and reduce lot size if approaching maximum tolerance
•Test thoroughly on demo account before live trading with real capital
•Consider using lower leverage settings during high volatility periods
Setup Guide

RSI Better Version mt5 Setup Guide & Installation

Step-by-step instructions to get RSI Better Version mt5 running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install the provided ex5 or mq5 file into the MT5 Experts or Indicators folder and restart the platform so RSI Better Version mt5 appears in the navigator. Attach the indicator to an H1 or H4 chart and enable automated signals or alerts depending on your execution plan. Key parameters to configure include RSI period, ADX period, ADX weighting factor, stop loss, and risk percent per trade. Recommended brokers are low-spread ECN or STP brokers with fast execution and DMA pricing. Begin with a thorough forward test on a demo account for at least 500 trades or three months before live deployment.

Prerequisites Checklist

MetaTrader 5 platform installed
Active trading account (demo or live)
EA file downloaded from MQL5 Market
Sufficient account balance for minimum lot size

Complete Installation Instructions

Install the provided ex5 or mq5 file into the MT5 Experts or Indicators folder and restart the platform so RSI Better Version mt5 appears in the navigator. Attach the indicator to an H1 or H4 chart and enable automated signals or alerts depending on your execution plan. Key parameters to configure include RSI period, ADX period, ADX weighting factor, stop loss, and risk percent per trade. Recommended brokers are low-spread ECN or STP brokers with fast execution and DMA pricing. Begin with a thorough forward test on a demo account for at least 500 trades or three months before live deployment.

Ready to Install?

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Developed by Arinze Michael Ejike

Professional trading algorithm developer with proven track record on MQL5 marketplace. Specializes in automated trading systems and expert advisors.

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Original MQL5 Product

RSI Better Version mt5 is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

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