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

Trading Strategy
Core approach and methodology
Key Features
Powerful capabilities designed for professional trading
Double-click settings for fast parameter changes without reopening dialogs
Hide and show indicators without deleting, preserving workspace setup
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
RecommendedSwing traders seeking momentum entries with disciplined risk controls and clarity
Ideal Trader
RecommendedActive day traders wanting fast parameter access and visual trade context
Ideal Trader
RecommendedSystematic traders who value integration and reproducible multi-timeframe signals for backtesting
Ideal Trader
RecommendedInstitutional 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 & Real Trading Results
Comprehensive analysis of real-world trading performance and statistical metrics
Smart RSI MT4 Risk Assessment
Comprehensive analysis of potential risks and mitigation strategies
Conservative trading strategy with capital preservation focus
Risk Factors Breakdown
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Overall Risk Level
Based on historical data and strategy analysis
Risk Factors Breakdown
Potential equity decline during losing streaks
Impact of borrowed capital on position sizing
Sensitivity to market volatility and trends
Built-in protection mechanisms and controls
Risk Mitigation Strategies
Smart RSI MT4 Setup Guide & Installation
Step-by-step instructions to get Smart RSI MT4 running on your MT5 platform
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
Complete Installation Instructions
Ready to Install?
Download Smart RSI MT4 from the MQL5 Market
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.comGet Started with Smart RSI MT4
Join hundreds of traders already using Smart RSI MT4 for automated trading success.
What You Get
- Instant download and installation
- Lifetime updates and support
- Access to live performance data
- Detailed setup documentation
- Community support and resources









