Introduction

Are you tired of Expert Advisors that promise big returns but falter the moment market momentum shifts? Sick of manual RSI strategies that crash and burn when volatility spikes? You’re not alone. Traders have been searching high and low for an RSI-based EA that truly adapts to changing market swings, without stuffing orders with martingale or blowing up accounts overnight. Enter EA 57 RSI Momentum V2.0 MT4, the free, fully back-tested solution from YoForex that marries precision RSI entry signals with rock-solid risk management… and yes, it’s built right on MetaTrader 4, so you’ll feel right at home.

Overview

EA 57 RSI Momentum V2.0 MT4 is designed to capture short-term momentum moves on any currency pair, though it truly shines on the more liquid majors like EURUSD, GBPUSD and USDJPY. Instead of blind crossovers, this EA analyzes real-time RSI divergence, trend strength and volatility confluence to pinpoint high-probability momentum breakouts. YoForex’s development team has spent over six months live-testing V2.0 across multiple brokers, timeframes M15–H1, and market regimes—so you don’t have to guess when to pull the trigger.

This iteration improves on V1.0’s entry filter by adding an adaptive RSI period, which auto-scales based on recent volatility, plus an optional trend-confirmation filter tied to a moving average envelope. The result is fewer false signals, lower drawdown, and steadier returns. If you’ve struggled with RSI “whipsaw” trades or been frustrated by rigid, fixed-period EAs, EA 57 RSI Momentum V2.0 is your ticket to more consistent, low-stress automation.

For beginners keen to learn more about automated trading, check out our Beginner’s Guide to Expert Advisors. And if you’re curious about other free YoForex tools, take a peek at the popular Dynamic Pulse Pro Indicator MT4.

How RSI Momentum Works

RSI (Relative Strength Index) has been a staple for measuring overbought and oversold conditions, but too many bots use static thresholds—enter 70/30—and pray markets behave. EA 57 RSI Momentum V2.0 does things differently:

  1. Adaptive Period Calculation: Instead of a fixed 14-period RSI, the EA calculates an optimal period each bar by comparing ATR (Average True Range) levels. More volatility means a longer RSI period to smooth out noise; less volatility tightens the window for quicker signals.
  2. Divergence Detection: True divergences—where price makes a new high but RSI fails—often mark exhaustion. The EA scans for bullish and bearish divergence on multiple sub-timeframes (e.g., M15 vs. H1) before entering.
  3. Trend Confirmation (Optional): An envelope of two moving averages (user-set periods) confirms direction. When disabled, the EA will still trade pure momentum flips; when enabled, it only takes trades in the direction of the prevailing trend, cutting down choppy-range losses.
  4. Dynamic Stop and Target: Instead of static take-profit and stop-loss levels, the EA calculates both based on ATR multiples with a user-adjustable risk-reward ratio, letting you dial in either conservative or aggressive profiles without hacking the code.

This layered approach beats one-trick pony RSIs, coz the market’s always shifting, and your EA should too.

Key Features

• Adaptive RSI Periods – Auto-scales RSI lookback based on recent ATR readings, minimizing false signals.
• Multi-Timeframe Divergence Scanner – Detects bullish/bearish divergence across up to three timeframes simultaneously.
• Trend Envelope Filter – Optional moving average envelope ensures trades align with the big picture trend.
• Dynamic ATR-Based Levels – Stops and targets calculated per-trade using ATR multiples; no more guesswork.
• Low Drawdown Algorithm – Max drawdown capped via built-in equity protection and trailing stop options.
• User-Defined Risk per Trade – Set risk percentage per position; the EA auto-sizes lots accordingly.
• No Martingale or Grid – Pure price-action logic; no dangerous averaging systems.
• Flexible Timeframes – Optimized for M15–H1, but easily adjustable for scalping M5 or swing H4.
• Fully Back-Tested & Walk-Forward Verified – Over 5 years of historical simulation and 6 months of live-market proofing.
• Easy Parameter Tuning – All inputs clearly documented; tweak RSI sensitivity, ATR-ratio, divergence strength, etc.

Backtest Results

YoForex’s in-house QA team ran EA 57 RSI Momentum V2.0 on EURUSD (M15) over January 2018–December 2023, across five major brokers to account for spreads and slippage. Key stats:

  • Total Net Profit: +154%
  • Max Drawdown: 4.8%
  • Profit Factor: 1.82
  • Win Rate: 62%
  • Average Trade Duration: 4 hours

The equity curve showed steady upward growth with only shallow pullbacks—even during flash crashes or major news events, the adaptive filters helped the EA sit out whipsaw periods. A walk-forward analysis on out-of-sample data (2024–2025) confirmed consistent performance, with an average monthly return of 2.5% and drawdowns below 3%.

Live-market testing on real micro accounts since January 2025 has mirrored backtest results, proving that V2.0’s volatility-adaptive RSI isn’t just theory. Check the live signal and community feedback here on MQL5.software.

How to Install & Configure

Getting started with EA 57 RSI Momentum V2.0 MT4 is a breeze, whether you’re a veteran coder or totally new to EAs:

  1. Download the EA file from the official page:
    https://mql5.software/ea-57-rsi-momentum-v2-0-mt4
  2. Copy the EA57_RSIMomentum.ex4 file into your MT4 terminal’s Experts folder (via File → Open Data Folder → MQL4 → Experts).
  3. Restart MetaTrader 4 to auto-refresh the Navigator panel.
  4. Attach EA 57 RSI Momentum V2.0 to an M15 or H1 chart—drag it from Navigator onto your preferred pair.
  5. Configure inputs: risk per trade (e.g. 1%), ATR multiplier (default 1.5), divergence sensitivity (medium/strong), and toggle trend filter on/off.
  6. Enable Algo Trading – Make sure the “Algo Trading” button is green.

For recommended settings screenshots, visit our step-by-step guide on the YoForex blog.

Why Choose YoForex-Powered Tools?

You could grab any RSI EA off a forum, pay a subscription, and still get mediocre results. YoForex is different: our tools are fully free, open-source, and backed by a team of 25+ quants and developers who live and breathe algorithmic trading. We push regular updates based on live-market feedback, and our community on Telegram and WhatsApp is always buzzing with tips and tweaks—so you’ll never feel left in the dark.

Support & Disclaimer

Hit a snag? Ping us on WhatsApp at +44 330 027 2265 or join our Telegram group t.me/yoforexrobot. Our support crew responds within hours, and real traders often share parameter ideas that could spark your next winning tweak.

Disclaimer: Past performance is not a guarantee of future results. Automated trading involves risk, and you should always test on a demo account before going live. Trade responsibly and never risk more than you can afford to lose.

Call to Action

Ready to stop chasing broken RSI signals and let a proven algorithm work for you? Download EA 57 RSI Momentum V2.0 MT4 now—100% free on MQL5.software—and experience the next level of momentum-based automation. Whether you’re scalping the M15 or swing-trading the H1, this EA adapts to market noise so you don’t have to babysit charts all day.

Grab your copy today, tune your settings, and join hundreds of YoForex traders already enjoying smoother equity curves and calmer trading days.

⚡️Upgrade
Already using V1.0? Get the free V2.0 update now with enhanced volatility filters and improved risk controls—just re-download from your MQL5 account and overwrite the old file.