Download includes .set preset files ready to load in MetaTrader. Fully automated MT4 Expert Advisor trading pullbacks using RMI and limited averaging. Best on USDJPY, EURUSD, GBPUSD, USDCAD, USDCHF, AUDJPY, EURCAD, EURGBP, EURJPY on M30. Features risk management, averaging recovery, NFA/FIFO compliance. Free download from Robots4Forex Ltd with limited support.
Ready-to-install MetaTrader files — nothing extra, nothing hidden.
Expert Advisor and presets files to download
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RMI Scalper EA MT4 is available for free download . Visit the product page at https://www..com/en/market/product/30112 and click the download button. You'll need to be logged into your account to download the EA file.
RMI Scalper EA MT4 works best on USDJPY, EURUSD, GBPUSD, USDCAD, USDCHF, AUDJPY, EURCAD, EURGBP, and EURJPY using the M30 timeframe. The EA can trade multiple pairs from one chart but limits to one pair at a time when MultiPairSingleTrade is enabled.
After purchase, download the file from your confirmation page or recover link. Copy it to the correct MetaTrader folder (Experts for EAs, Indicators for indicators), restart the platform, and attach it to your chart.
The developer recommends optimizing settings for your specific pairs. Key settings include RMIPeriod (2-50), MomPeriod (2-50), RMIThreshold (5-45, smaller = fewer trades), AveragingStep (5-100 pips), StopLoss (25-4000 pips depending on pair), and TakeProfit (0-200 pips). Enable MoneyManagement for risk-based lot sizing.
The RMI (Relative Momentum Index) pullback strategy identifies pullbacks from major trends using RMI indicator signals. The EA enters trades when pullback conditions are met, using averaging to recover losing trades. The strategy works on M30 timeframe and focuses on high-probability pullback opportunities.