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MT5 expert advisor$30 on MQL5by Andrei Kuchynski
Compiled from its public MQL5 listing. FxRobotEasy has not traded RSI Strategy EA; what these notes say about how it works comes from that listing.
The review covers what makes RSI Strategy EA unique: a straightforward ruleset that combines immediate market orders on RSI crossovers with simultaneous pending orders in the opposite direction, giving the system both proactive entries and fallback opportunities. The developer, Andrei Kuchynski, has implemented clear parameters so traders can run either strategy independently or together, and can set a time limit for automatic pending order removal to reduce overnight or stale exposure.
The algorithm monitors RSI crosses at standard 70 and 30 thresholds and executes market orders when those levels are crossed while placing pending orders in the opposite direction. This behavior helps capture reversals and momentum continuations depending on market reaction, and it reduces single-direction bias. The EA performs best on liquid major FX pairs during active sessions where RSI mean reversion signals are frequent. Risk controls include adjustable lot sizing, maximum concurrent orders, and time-based cleanup for pending orders. Expect modest but steady trading results and stats in backtests: consistent monthly returns with drawdowns typically contained under double-digit percentages when position sizing rules are followed. RSI Strategy EA is transparent, simple to configure, and suitable for traders who prioritize rules-based RSI entry logic on MT5.
The overall risk level for RSI Strategy EA is moderate when conservative sizing is applied, but it can behave more aggressively with larger fixed lots. The EA’s stop loss approach is configurable; users should enable a fixed SL or an ATR-based stop to limit tail risk. Vulnerabilities include strong sustained trends and low-volatility chop, where RSI cross signals can produce false entries. For live use, a minimum account size of $1,000 on micro or cent accounts is advised to allow the EA to execute its strategies without overleveraging the balance. RSI Strategy EA addresses risk through pending order timeouts and configurable max orders.
Listed strengths
Worth checking
Install RSI Strategy EA by copying the EA file into the MT5 Experts folder and restarting the terminal. Key parameters to configure include RSI period, overbought/oversold levels (70/30), lot size, risk percent per trade, maximum concurrent orders, and pending order removal timeout. Use ECN or STP brokers with low spreads and reliable execution; micro or cent accounts are recommended for initial live tests. Optimal chart timeframes are M15, M30, and H1. Backtest for at least one year and run a demo forward test for three months before going live.
Free to try · from FxRobotEasy
Our robots at work. Tap a tile to watch or enlarge it — each screenshot links to its account’s public report.
Breakopedia AIby FxRobotEasy
Our breakout robot — entries confirmed by pivot structure
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The team's notes, every day
| RSI Strategy EA | Breakopedia AI | |
|---|---|---|
| How you get it | Buy on MQL5 ($30) | Free installer; runs on a demo account first |
| Platform | MT5 | MT5 |
| Public account reports | — | Yes — see the screenshots above |
| Made by | Andrei Kuchynski | FxRobotEasy |
Product data from the MQL5 marketplace. Independent page by FxRobotEasy, not affiliated with the developer or MetaQuotes.