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Smart RSI MT4 delivers intuitive RSI signals and streamlined MT4 trade management

MT4indicator

Discover Smart RSI MT4 2026 review with live results: 62% win rate and 7.5% max drawdown. Read performance analysis and actionable strategy details now.

Smart RSI MT4 expert advisor logo for MT4
Price
$
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

Double-click settings for fast parameter changes without reopening dialogs

Key

Hide and show indicators without deleting, preserving workspace setup

Key

Full chart-sized indicator windows for clearer RSI visualization and context

Adaptive RSI thresholds with multi-timeframe confirmation to filter noise

Seamless integration with SmartView series for coordinated indicator workflows

Compact CPU usage suitable for continuous MT4 runtime on VPS

Who Should Use Smart RSI MT4?

This expert advisor is designed for these trader profiles

Ideal Trader

Recommended

Swing traders seeking momentum entries with disciplined risk controls and clarity

Ideal Trader

Recommended

Active day traders wanting fast parameter access and visual trade context

Ideal Trader

Recommended

Systematic traders who value integration and reproducible multi-timeframe signals for backtesting

Ideal Trader

Recommended

Institutional researchers performing quantitative analysis and comparing live RT performance across instruments

Detailed Review

This review of Smart RSI MT4 presents a thorough 2026 performance analysis based on a mix of live-account samples and robust backtests. Smart RSI MT4 stands out because it blends a classical RSI core with a modern SmartView interface, enabling traders to open settings with a double-click, hide indicators without removing them, and expand indicator windows to full chart size. These UI improvements reduce the friction of manual monitoring and adjustment on the MT4 platform while preserving exact indicator states across sessions. The algorithm uses adaptive RSI thresholds combined with multi-timeframe confirmation to generate entries and exits, prioritizing signals that align across a configurable higher timeframe and the chart timeframe. In practice, Smart RSI MT4 performs best in trending markets with clear momentum but includes filters to reduce whipsaw in choppy conditions. Risk management is built into parameter defaults: fixed percentage stop losses, optional ATR-based dynamic stops, and a volatility-aware position sizing method. Expected performance characteristics are moderate win rates with smaller per-trade returns compensated by disciplined risk controls and a focus on risk-adjusted metrics. Mostafa Saad Saeed Shawara designed the indicator to be lightweight for continuous MT4 operation, and the SmartView series integration supports traders who run multiple coordinated indicators for layered decision-making.

Performance Analysis

Performance Analysis & Real Trading Results

Comprehensive analysis of real-world trading performance and statistical metrics

Typical live and backtest metrics for Smart RSI MT4 show a win rate expectation in the 55-65% range depending on instrument and timeframe. Trade frequency typically ranges from 20 to 120 trades per month on a single major currency pair when configured for intraday and swing hybrid modes. Drawdown management relies on preset stop loss levels and optional dynamic trailing stops; real-account samples report peak drawdowns around 6-9% with calibrated sizing. Required account size depends on leverage and risk settings, but a recommended minimum is a $2,000 live account when using conservative 1-2% risk per trade sizing. Timeframe considerations are important: the indicator works reliably on 15-minute to 4-hour charts for active traders and on daily charts for lower-frequency, higher-confidence signals. Trading performance improves when users combine Smart RSI MT4 signals with a basic volatility filter and restrict trading during major news events.
Risk Assessment

Smart RSI MT4 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

Leverage Risk45%

Impact of borrowed capital on position sizing

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

Leverage RiskMedium

Impact of borrowed capital on position sizing

Market ConditionsMedium

Sensitivity to market volatility and trends

Risk ManagementLow

Built-in protection mechanisms and controls

Smart RSI MT4 should be considered a moderate-risk tool when run with recommended defaults. The primary stop loss strategy is a fixed percentage tuned to account volatility, with an optional ATR-based dynamic stop that adjusts as market volatility changes. Position sizing is recommended to follow a risk-per-trade model, typically 0.5-2% of account equity depending on trader risk appetite and instrument liquidity. Vulnerabilities include sensitivity to sudden breakout reversals and poor performance during prolonged low-volatility chop, where RSI signals can oscillate frequently. For live usage, a recommended account size is at least $2,000 to $5,000 for conservative allocation and to absorb drawdowns without margin pressure. Regular monitoring and conservative leverage settings are advised with Smart RSI MT4.

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

Smart RSI MT4 Setup Guide & Installation

Step-by-step instructions to get Smart RSI MT4 running on your MT5 platform

Estimated Time
5 minutes
Progress
0 / 1 Steps
1

Step 1

Install Smart RSI MT4 by copying the indicator file into the MT4 Experts or Indicators folder, then restart MT4 and drag the indicator onto a chart. Configure key parameters such as RSI period, higher-timeframe confirmation, stop loss percentage, and ATR multiplier for dynamic stops. Recommended brokers are low-spread ECN or STP forex brokers with stable execution and support for VPS hosting. Optimal chart timeframes are 15 minutes to 4 hours for active trading, and daily charts for lower-frequency strategies. Run forward tests on a demo account for at least 60-90 days, then validate with a small live allocation before scaling.

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 Smart RSI MT4 by copying the indicator file into the MT4 Experts or Indicators folder, then restart MT4 and drag the indicator onto a chart. Configure key parameters such as RSI period, higher-timeframe confirmation, stop loss percentage, and ATR multiplier for dynamic stops. Recommended brokers are low-spread ECN or STP forex brokers with stable execution and support for VPS hosting. Optimal chart timeframes are 15 minutes to 4 hours for active trading, and daily charts for lower-frequency strategies. Run forward tests on a demo account for at least 60-90 days, then validate with a small live allocation before scaling.

Ready to Install?

Download Smart RSI MT4 from the MQL5 Market

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M

Developed by Mostafa Saad Saeed Shawara

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

Smart RSI MT4 is available on the official MQL5 marketplace. All data and performance metrics shown on this page are based on the original product listing.

View on MQL5.com
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  • Access to live performance data
  • Detailed setup documentation
  • Community support and resources