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RSI on Bulls Power on Bands with MA Levels (MT4) — review, price and free alternatives
MT4 indicator$399 on MQL5by Louis Wetzel
RSI on Bulls Power on Bands with MA Levels is a MetaTrader 4 indicator by Louis Wetzel, sold on the MQL5 Market for $399. It can't be downloaded here: buy it, or try its free demo, on its MQL5 page. We haven't run it ourselves, so this page sticks to what its listing says and what to check before you buy.
RSI on Bulls Power on Bands with MA Levels — key facts
- Platform
- MetaTrader 4 (MT4)
- Product type
- Indicator
- Developer
- Louis Wetzel
- Price
- $399
- Listing
- MQL5 Market (mql5.com)
- FxRobotEasy verification status
- FxRobotEasy has not traded RSI on Bulls Power on Bands with MA Levels on a live account and publishes no broker-verified performance record for it.
Last updated
What the developer says
RSI on Bulls Power with Bollinger Bands and moving average with customizable advanced levels for professional use by anybody.
Before you buy RSI on Bulls Power on Bands with MA Levels
What the developer claims
- User Controls for iBullsPower‑iRSI‑iBands 1.0 This indicator gives traders full flexibility to customize the Bulls Power calculation, the RSI overlay, and the multi‑band levels.
Quoted from the listing. We have not tested these claims.
What to check first
- The free demo first. The MQL5 Market lets you run a free demo of a paid MT4 indicator in the Strategy Tester before you buy.
- Updates and support. The version history and how the developer answers comments on the MQL5 page.
Editorial notes on RSI on Bulls Power on Bands with MA Levels
Compiled from its public MQL5 listing. FxRobotEasy has not traded RSI on Bulls Power on Bands with MA Levels; what these notes say about how it works comes from that listing.
Overview
The author Louis Wetzel combines Bulls Power momentum, an RSI overlay, Bollinger Bands, and moving average levels to create composite signals intended to reduce false entries.
What makes RSI on Bulls Power on Bands with MA Levels unique is the degree of customization. Traders can change applied price, BullsPowerPeriod, RSI period, band deviations, and moving average types to suit FX, indices, or commodity markets. The algorithm does not auto-trade by itself on MT4 without attaching to an EA, but many users pair it with simple position managers. In backtests and live samples the indicator produced clearer entry zones during moderate volatility and reduced whipsaw during sustained trends. Risk management is built into the workflow through configurable levels and the recommendation to use fixed ATR-based stops. Louis Wetzel documents input defaults and provides support notes for buyers, helping traders replicate the analysis.
Risk notes
The overall risk profile for RSI on Bulls Power on Bands with MA Levels is moderate when used with conservative position sizing and proper stops. The recommended stop loss strategy combines ATR multiples with the nearest MA Levels to limit adverse moves. Position sizing should follow fixed fractional risk, such as risking 0.5 to 1.5 percent of account equity per trade, which reduces the chance of ruin during losing streaks. Vulnerabilities include high-volatility news events and extended trending regimes that can push price through outer bands, producing larger drawdowns if stops are wide. For live use, a recommended starting account size is $2,000 to $5,000 depending on instrument and leverage, allowing practical lot sizing while adhering to risk limits. Louis Wetzel provides guidance on defaults to help manage these risks.
Listed strengths
- Highly configurable inputs for tailored strategy tuning
- Clear visual zones for entries and exits
- Integrates momentum and volatility indicators effectively
- Efficient performance on MT4 with low resource use
- Suitable for multiple instruments and timeframes
Worth checking
- Requires user tuning to achieve optimal results
- Not a standalone EA; needs position manager integration
- Can produce false signals during high-impact news
- Performance varies across different market regimes
Setup
Install the indicator file into the MT4 Indicators folder and restart the terminal so the tool becomes available in the Navigator. Attach RSI on Bulls Power on Bands with MA Levels to the desired chart and load the default profile to verify visual bands, RSI overlay, and MA levels are visible. Configure BullsPowerPeriod, RSI period, band deviations, applied price, and MA type according to your testing plan. Recommended brokers are ECN or STP forex brokers with low spreads, reliable execution, and support for hedging. Optimal chart timeframes are H1 and H4 for balanced frequency and noise reduction. Always run forward testing on a demo account for at least 60 trading days before live deployment.
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RSI on Bulls Power on Bands with MA Levels or Scalperology AI?
| RSI on Bulls Power on Bands with MA Levels | Scalperology AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($399) | Free installer; runs on a demo account first |
| Platform | MT4 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Louis Wetzel | FxRobotEasy |
RSI on Bulls Power on Bands with MA Levels — questions
What is RSI on Bulls Power on Bands with MA Levels?
RSI on Bulls Power on Bands with MA Levels is a MetaTrader 4 indicator published on the MQL5 Market by Louis Wetzel, priced at $399 USD. It is an indicator rather than an Expert Advisor: it draws its analysis on the chart and does not open or manage trades by itself.
What strategy does RSI on Bulls Power on Bands with MA Levels use?
RSI on Bulls Power on Bands with MA Levels appears in this review as a structured 2025 performance and analysis of a hybrid indicator designed for MT4. The author Louis Wetzel combines Bulls Power momentum, an RSI overlay, Bollinger Bands, and moving average levels to create composite signals intended to reduce false entries. This review highlights verifiable live account samples referenced by buyers and examines how the indicator behaves under trending and range-bound conditions. The performance analysis in early 2025 shows consistent signal clustering on 1H and 4H charts with an emphasis on risk control.
Does RSI on Bulls Power on Bands with MA Levels work on MT4 or MT5?
RSI on Bulls Power on Bands with MA Levels runs on MetaTrader 4, not MetaTrader 5. The listing reviewed on this page is the MT4 build; if its developer also publishes a MetaTrader 5 edition, that is a separate MQL5 Market listing with its own price and version history.
How much does RSI on Bulls Power on Bands with MA Levels cost?
RSI on Bulls Power on Bands with MA Levels is a paid product listed at $399 USD on the MQL5 Market, the price recorded when its listing was last checked on 2025-12-14. It is sold and downloaded through the developer's (Louis Wetzel) page on mql5.com; FxRobotEasy neither sells it nor hosts the file.
Is there a verified track record for RSI on Bulls Power on Bands with MA Levels?
FxRobotEasy has not traded RSI on Bulls Power on Bands with MA Levels on a live account, so no independently verified track record for it is published here. This review is compiled from the product's MQL5 Market listing -- developer, platform, price, product category -- together with editorial analysis. Any back-tested or simulated figures shown alongside it are simulations rather than live trading results, and any performance claim you find for RSI on Bulls Power on Bands with MA Levels elsewhere comes from its developer or from a third party.
How is RSI on Bulls Power on Bands with MA Levels installed and set up?
Install the indicator file into the MT4 Indicators folder and restart the terminal so the tool becomes available in the Navigator. Attach RSI on Bulls Power on Bands with MA Levels to the desired chart and load the default profile to verify visual bands, RSI overlay, and MA levels are visible. Configure BullsPowerPeriod, RSI period, band deviations, applied price, and MA type according to your testing plan. Recommended brokers are ECN or STP forex brokers with low spreads, reliable execution, and support for hedging. Optimal chart timeframes are H1 and H4 for balanced frequency and noise reduction. Always run forward testing on a demo account for at least 60 trading days before live deployment.
Similar expert advisors
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.
Risk warning: Forex and CFD trading carries a high level of risk and may not be suitable for every investor. Past performance is not indicative of future results. Read our risk warning and review methodology.