Improved RSI momentum. MT4 expert advisor by TheForexKings (Revised)

SKU 00062
In stock
Product Details
  • Exponential moving averages (EMAs 500,250). Slow and fast EMA are used to identify a trend. We enter only with confluence with the trend. This will be our primary filter
  • RSI secondary filter (200). RSI with high calculation period is used as a combination of long term momentum and trend filter. We will also use the ability of RSI to filter out the range, by applying sell below 45, buy above 55 zone in the middle of indicators window.
  • RSI signal (RSI period 21). Immediate momentum signal. We wait for signal candle close to enter the trade.
  • Signal candle (1-150 pips)Confirmation of the momentum. Candle with defined min/max range closing in the direction of trend.
  • SAR parabolic (step 0,02, max 0,05) each entry must also be confirmed by SAR parabolic.
  • SAR parabolic trailing stop: After the entry we place trailing stop at last closed SAR dot + (extra deviation 80 pips). It is adjusted with each following sar dot, only in the direction of profitable trade. Trailing stop will remain the only method of how to close the trade.
  • MAX open trades (10 in test): Strategy can get aggressive by increasing the number of max open trade per side simultaneously. When increasing this input, adjust the lot size accordingly.



  1. EMA slow trending above EMA fast. This confirms the downtrend. Only short trades are admitted.
  2. RSI secondary (slow) trends below sell below zone.
  3. RSI signal falls below 30 line.
  4. Bearish candle closes with defined body range, closes below the SAR dot.
  5. We enter the trade short on signal candle close, placing trailing stop at last closed SAR dot + extra distance.


  1. EMA slow trending below EMA fast. This confirms the uptrend. Only long trades are admitted.
  2. RSI secondary (slow) trends above buy above zone.
  3. RSI signal rises above 70 line.
  4. Bullish candle closes with defined body range, closes above the SAR dot.
  5. We enter the trade long on signal candle close, placing trailing stop at last closed SAR dot - extra distance.

Expert advisor is based on transparent and fully tested forex strategy.

Original and transparent MT4 expert advisor. Developed and created by professional FOREX traders at . Tested for profitability on EURUSD data since 2003. Thousands of viable input combinations available for EURUSD alone. Works with any timeframe and any FX pair.

Main features of this expert advisor:

  • Tested on high quality data: High accuracy testing on EURUSD data (1H). 100+ Viable inputs combinations for EURUSD pair alone.
  • All inputs unlocked: You can adjust and modify your expert inputs. It can be then applied on any time frame and any currency pair. You can modify the settings at will to achieve the best possible results and make the expert suit your needs.
  • Transparent expert advisor: No smoke and mirrors. Rules are clearly stated and functionality can be easily verified by manual charting on forward or historical data.
  • Works with most of the MT4 Forex brokers: Our expert advisors were adjusted to work with almost any MT4 FOREX broker.
  • Works with any time frame: Simply drag and drop the expert on time frames you would like to use.
  • Works on any currency pair
  • Expert advisor will not draw any indicators in your chart.

Disclaimer and user agreement:

Expert advisor was tested for profitability on historical data. All screen shots provided are displaying real results of the test. However past data will never guarantee future success. Every expert advisor needs to be tested properly on demo account. LIVE use only on your own risk. Read full disclaimer. TheForexKings Team does not give any financial advice. TheForexKings does not take any responsibility for any user’s investments and investment decisions. All rights reserved. Strictly for personal use.

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MT4 Expert advisor will work according to the description.You Backtest will match results of our backtest (using same test and inputs ). Expert advisor will work with your broker.

30 day money back guarantee.If expert doesnt closely match our test results, run the same test (timeframe, inputs, type).Send us the report. Allow few days to analyze and refund.

One time payment secured by PayPal. Lifetime license. FREE updates and support. You will recieve link for EX4 file immediately after the purchase. Download link will be also send to your email.

Easy, drag and drop installation.

 You will recieve EX4 file is ready to use. Copy the file into your MT4 Expert advisors folder and restart the platform.



“Trading FOREX since 2006. Full time trader and web developer since 2013. My two biggest hobbies are trading and web development. In TheForexKings I managed to connect both of them. Even after 12 years of trading I still have the same passion for the market as at the beginning. The aspect I enjoy the most : development and testing of new ideas.” 


Only in 2016 - 2017 we have created more than 400 forex strategies. During this period we have also developed and published +200 MT4 Expert advisors based on those strategies. We are dedicated to provide you with viable and complete trading systems that have thrived in extensive historical testing. We want to give you complete and transparent trading solutions, that once mastered ,will set you financially free. We want to give you a fighting and winning chance in the market. ” 

—  Marian, Proprietor of


We are experienced Forex traders and developers, trading consistently since 2006. We have developed hundreds expert advisors both for ourselves and our clients.  We know what works and what doesn't in the FOREX . 



Each system is published with total transparency. Rules are stated in full. Each trader can verify system results by simply applying the rules on his chart. No smoke and mirrors, no overpriced secrets.



Each of our systems is tested on more than a decade of high quality historical data. Each system must be robust enough, to have at least 100+ profitable inputs combinations. We use very robust candle based testing model (results are not dependent on unstable tick data).

200+ MT4 Expert Advisors

Only during 2016 - 2017 we have created (and published), more than 200 unique expert advisors. To be able to create 200 historically profitable EAs we had to create upwards to 400 other trading robots that failed our tests.This makes us one of the most prolific developer of trading systems in the world.



We do not discriminate. We test and produce all types of systems believing that there are countless ways to profit in the forex market. From ultra aggressive systems to conservative systems that will open a trade only once or twice per year.