RSI Martingale expert advisor MT5

✔ NFA & FIFO COMPATIBLE

...made to work with most brokers

✔ ONE SINGLE PAYMENT

...no hidden fees, no subscriptions

✔ FREE LIFE UPDATES

...every time a version is released

The RSI Martingale EA for MetaTrader 5 identifies entry and exit points using the RSI indicator and an adaptive search for minimums and maximums.

This advisor uses the Relative Strength Index (RSI) indicator and performs an adaptive search for minimums and maximums to identify the best entry and exit points in the market. It analyzes the most recent `BarsForCondition` candles to assess the current market condition.

A chart demonstrating the RSI Martingale Expert Advisor for MT5 in action.

RSI Martingale main functions

This advisor uses the **Relative Strength Index (RSI) indicator** and performs an adaptive search for minimums and maximums to identify the best entry and exit points in the market. It analyzes the most recent `BarsForCondition` candles to assess the current market condition.

Entry and Exit Strategy

Entry: The advisor opens a position based on signals from the **RSI indicator**.

**Buy**: if RSI reaches a minimum over the specified `BarsForCondition` bars.
**Sell**: if RSI reaches a maximum over the specified `BarsForCondition` bars.

Exit: Positions are closed upon reaching TakeProfit or StopLoss levels, which are set in points via the `TakeProfit` and `StopLoss` parameters.

Signal Filtering

**Time**: The advisor trades only within the time interval specified between `StartTime` and `EndTime`.
**News Avoidance**: The advisor avoids trading during time periods specified in the `NewsTimeToAvoid` parameter.
**Spread**: Maximum allowable spread values are set through the `MaxSpread` parameter.

Trade examples

US500 RSI Martingale EA trade example chart.

NASDAQ RSI Martingale EA trade example chart.

RSI Martingale Settings

A screenshot of the RSI Martingale EA settings in MetaTrader 5.

Additional Settings

The advisor can employ a **martingale strategy** to increase the **lot size** during market reversals. This feature is activated by the `Upheaval` parameter and the `MartingaleMultiplier`.

Download RSI Martingale expert advisor free

Download a free version

⚠ fully functional but limited to trading on demo accounts

7 Comments

Anonymous

Really impressed with the RSI Martingale EA MT5 from RobotFX. A bit confusing at first but smooth results now

Wynnflæd

This advisor finds strong entry points using RSI over last bars and handles lot sizing with martingale logic nicely

Enis Mwangi

Good EA overall one‑time payment, free lifetime updates, NFA/FIFO compatibility is a yay

Been testing this on H1 charts – strategy entries on RSI extremes are clear. Just wish color coding in inputs was a bit more intuitive

Chikara

So far decent performance in demo with controlled martingale usage

Hi.Can you add to this EA multiply entry orders at different prices for the same magic number? For example: I entry manual ( or a pending orders - at a specific price market) a market order at 1.20000 and the next ( second) pending orders at 1.20050 , a third pending orders at 1.20100 and so on , also available in both directions ( multiple sell pending orders) . And if you can do it it is necessary a Global Close All Orders by the same magic number that close all deals when a specific profit is rich. Thank you.Flavius

sorry I am refer to recovery zone exeprt adviser.