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EA31337 Libre is an open-source, multi-strategy trading robot for MetaTrader 4 and MetaTrader 5. It functions as a simplified implementation of the EA31337 framework, providing a collection of over 35 built-in strategies based on technical indicators. The expert advisor performs independent market analysis across vario
Trading robot · MT5
Simple RSI MT5 Bot
Simple RSI MT5 Bot is an automated trading script for MetaTrader 5 that utilizes the Relative Strength Index to enter trades.
GitHub stars1
Forks0
Last update8 months ago8 Jan 2026
LicenceNone stated
Overview
The robot follows a mean-reversion approach, executing buy orders when the RSI falls below a defined oversold level and sell orders when it rises above an overbought threshold. It operates with a fixed lot size and requires manual configuration of the RSI period. The project is highly minimal, lacking built-in risk management features such as stop loss or take profit settings within the provided source code.
- RSI-based entry logic
- Adjustable overbought and oversold thresholds
- Fixed lot size management
Details
Author
willyweyru-maker on GitHub
Type
Trading robot
Platform
MetaTrader 5 (MQL5)
Strategy
Mean reversion
Markets
Any symbol
Timeframes
Any timeframe
Risk Profile
- Trades without a fixed stop loss
EA Files
Input Parameters
Read from Simple_RSI_EA.mq5. Defaults are the author's; change them in the EA's Inputs tab.
| Name | Type | Default | Description |
|---|---|---|---|
RSI_Period | int | 14 | |
RSI_Buy | double | 30 | |
RSI_Sell | double | 70 | |
LotSize | double | 0.1 |
How to Install It
- 1Download the sourceUse "Download source (.zip)" above, or clone willyweyru-maker/Simple_RSI_MT5_Bot.mq5 from GitHub, and unzip it.
- 2Open the data folderIn MetaTrader choose File, then Open Data Folder, and go to MQL5/Experts.
- 3Copy the filesCopy the .mq5 file into Experts.
- 4Compile in MetaEditorOpen the file in MetaEditor and press Compile. Fix any missing includes the compiler reports.
- 5Test before you tradeRun it in the Strategy Tester, then attach it to a demo chart and allow algorithmic trading.
Third-party code. ForexR did not write, test or endorse this EA, and the summary above was generated automatically from its README and code. ForexR lists only repositories with readable source code and never hosts files. Read the code, backtest it and use a demo account first; automated trading can lose money quickly.
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