Original RSI EMA Signals Bot
Original RSI EMA Signals Bot — a MetaTrader 4 expert advisor (trading robot) kept in the Old Kings collection. Its name points to the RSI oscillator (overbought / oversold zones), moving averages and buy / sell signals on the chart. Its source code uses ATR and RSI. It has a trading-hours filter and can size trades from your risk. It has 26 settings, for example os (default ), Lot (default 0.1) and use percent of deposit (default false). Run it in the Strategy Tester and then on a demo account to see how it opens and closes trades. Inside: 1 EA file with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Expert advisor · MT4 · v1.0 · Free
About Original RSI EMA Signals Bot
Original RSI EMA Signals Bot is an expert advisor (trading robot) for MetaTrader 4 based on ATR and RSI. It trades only in the hours you set (time filter) and can size trades from your balance and risk percent. It has 26 settings, such as Os, Lot and Use percent of deposit. MQL source code included.
Files in the download: Original RSI-EMA Signals_bot (4).mq4.
Trading robots can lose money. Check every setting and test on a demo account before using real funds.
Settings
| Setting | Default | What it does |
|---|---|---|
| Os | ||
| Lot | 0.1 | Trade size in lots |
| Use percent of deposit | false | |
| Risk | 10 | Risk per trade (percent of balance) |
| Stop loss | 0 | Stop loss distance |
| Take profit | 0 | Take profit distance |
| Use oposite exit | true | |
| Slippage | 2 | Maximum slippage allowed when opening a trade |
| Magic | 347673 | Magic number that tells this EA's orders apart |
| Comment | Original RSI-EMA Signals_bot | Comment written on the orders |
| V r | ||
| Start | 0 | |
| Stop | 24 | |
| Bez ub | ||
| Bezubitok | false | |
| Bez ub level | 8 | |
| Bez ub size | 1 | |
| Atr p | ATR | |
| Atr period | 14 | Period or timeframe used by the calculation |
| Atr min level | 0.001 | |
| In | Original RSI-EMA Signals | |
| Ind time frame | Period or timeframe used by the calculation | |
| Rsi period | 14 | Period or timeframe used by the calculation |
| Ma type | MODE_EMA | |
| Ma period | 40 | Period or timeframe used by the calculation |
| Interpolate | true |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Experts.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the expert advisor from the Navigator onto a chart, check the settings, allow Algo/Auto Trading and press OK.
- Test it first on a demo account or in the Strategy Tester.
Tags: RSI · Moving Average · Buy/Sell Arrows · Time Filter · Risk & Lot Size · ATR · MT4 Expert Advisor · MQL4 Source Code