LWMA Smooth RSI EA MT4 + SetFiles (Unlimited)
Original price was: $399.00.$49.00Current price is: $49.00.
LWMA Smooth RSI EA is an automated and optimized expert advisor for trading forex pairs. uses RSI indicator and its performance has been verified on real accounts.
Frequently bought together
Frequently bought together
What is LWMA Smooth RSI EA?
In the dynamic realm of forex trading, strategic tools and indicators play a pivotal role in shaping successful trading outcomes. Today, we delve into the LWMA Smooth RSI EA, an expert advisor meticulously designed to leverage the power of the Smoothed Relative Strength Index (RSI) and Linear Weighted Moving Average (LWMA) in the MetaTrader 4 platform.
This review aims to shed light on the features, performance, and overall effectiveness of LWMA Smooth RSI EA for traders seeking an intelligent and efficient automated trading solution.
LWMA Smooth RSI EA review
Key Features
- Smart Capital Management System: Automatically sets Take Profit (TP) and Stop Loss (SL) levels on all open and customizable positions.
- Integration of LWMA and Smoothed RSI: LWMA Smooth RSI EA combines the power of Linear Weighted Moving Average (LWMA) and Smoothed Relative Strength Index (RSI) to provide a nuanced and dynamic approach to market analysis and trading decisions.
- Adaptive Trading Algorithm: The EA features an adaptive trading algorithm that reacts to changing market conditions, allowing for flexibility in strategy execution.
- Risk Management Strategies: LWMA Smooth RSI EA incorporates effective risk management strategies, aiming to optimize risk-reward ratios and safeguard capital.
LWMA Smooth RSI EA Review
The smoothing effect of RSI and LWMA contributes to refined and smoothed trading signals, reducing noise in market analysis and potentially improving the accuracy of trade entries and exits. Preliminary backtesting results demonstrate the historical performance of LWMA Smooth RSI EA, providing traders with insights into its behavior under various market conditions. The EA is designed with a user-friendly interface, facilitating easy installation and configuration for traders of all experience levels.
LWMA Smooth RSI MT4 backtest
LWMA Smooth RSI EA backtest
Trading Specifications
Recommended settings and parameters to pay attention to from developers and experts:
| Features | Type |
|---|---|
| Trading platform | MetaTrader 4 (MT4) |
| Minimum / Recommended deposit | $200 |
| Time frames | M15, H1 |
| Currency pairs | EURUSD, USDCAD |
| Type of Trading | Scalping |
| Setup files | Available |
| Product type | NoDLL / Unlimited / Unlocked |
| Additional services | Unlock and Decompile |
| Recommended brokers | Exness Broker, HTFX Broker |
| Recommended VPS | MyfxVPS.com ( Blue VPS, Golden VPS). Lowest Latency, 2 week Free Trial, 100% Free for 12-18 Months. |
>>> Reviewed by David Easton
What’s in the package?
The download package of the product suite includes:
- Experts: LWMA_Smooth_RSI Robot.ex4
- Presets:
- EURUSD_H1_$200.set
- EURUSD_H1_$1000_High Risk.set
- EURUSD_H1_$1000_Medium Risk.set
- EURUSD_H1_$1000_Low Risk.set
Conclusion
LWMA Smooth RSI EA emerges as a strategic tool for traders aiming to enhance their forex trading efficiency. With the integration of LWMA and Smoothed RSI, along with adaptive algorithms and risk management strategies, this EA offers a sophisticated approach to automated trading. Whether you are a seasoned trader or just starting, LWMA Smooth RSI EA MT4 provides a valuable tool for refining your trading strategies in the ever-changing landscape of the forex market.
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User Reviews
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FAQs
1. What is LWMA Smooth RSI EA?
It's an automated trading tool (Expert Advisor) for MetaTrader 4 that uses a combination of the Smoothed RSI and LWMA indicators to generate buy and sell signals.
2. Does it manage my capital automatically?
Yes, it can set Take Profit and Stop Loss levels for your trades, but customization might be possible.
3. What are the benefits of using LWMA Smooth RSI EA?
It aims to reduce noise in market analysis for potentially better entry and exit points.
It incorporates risk management strategies to potentially improve risk-reward ratios.
It offers an adaptive algorithm that adjusts to changing market conditions.
4. Is it easy to use for beginners?
The developers claim it has a user-friendly interface for easy setup, but some forex trading knowledge would be beneficial.
5. What trading platform does it work on?
LWMA Smooth RSI EA is currently only compatible with MetaTrader 4 (MT4).
6. What minimum deposit is required?
While not officially stated, the recommended settings suggest a minimum of $200.
7. Which currency pairs can I trade with it?
The developers recommend EURUSD and USDCAD, but it might be adaptable to others.
8. What timeframes does it work best on?
M15 and H1 are the recommended timeframes, but testing on others might be possible.
9. Does it come with any pre-configured settings?
Yes, the package includes presets for EURUSD on H1 timeframe with varying risk levels.
Original price was: $399.00.$49.00Current price is: $49.00.
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