{
  "id": 7420,
  "rank": 1553,
  "name": "RSI Averaging MT4",
  "aka": [
    "RSI Averaging"
  ],
  "family": "B",
  "subtype": "B2",
  "one_liner": "A simple averaging EA using RSI to open initial and additional positions based on RSI levels and price distance.",
  "market_regime": "any",
  "timeframes": [
    "M15"
  ],
  "symbols": [
    "USDJPY"
  ],
  "sessions": [
    "null"
  ],
  "indicators": [
    {
      "name": "RSI",
      "params": {
        "period": null
      },
      "applied_to": "close"
    }
  ],
  "entry_long": [
    "RSI reaches the specified level"
  ],
  "entry_short": [
    "null"
  ],
  "exit_rules": [
    "Basket TP based on the average price of all positions"
  ],
  "filters": [
    "Configurable maximum spread allowed for entry"
  ],
  "stop_loss": "Configurable maximum basket loss amount",
  "take_profit": "Basket TP based on the average price of all positions",
  "position_size": "Configurable lot multiplier",
  "evidence_type": "backtest_shown",
  "completeness": 50.0,
  "signal_warnings": null,
  "claim_warnings": [
    "RECOVERY SIZING: position size increases after losses (martingale/grid/averaging). Equity curves look smooth until the run that does not recover - judge it on worst-case exposure, not win rate."
  ],
  "opacity_warnings": null,
  "build_warnings": [
    "MT4_ONLY: the captured source is MQL4 / written for MetaTrader 4. It needs porting (order functions, indicator handles) before it runs on MT5."
  ],
  "canonical": "https://prismaticalgos.com/compendium/algo/7420-rsi-averaging-mt4",
  "snapshot": "2026-10-31 15:46 UTC",
  "source_url": "https://www.mql5.com/en/market/product/198593",
  "limitations": "These are machine-extracted research records, not verified trading systems. Catalog rank measures specification detail and claimed evidence, not profitability. The catalog extraction pipeline did not independently backtest these records. Its separate selected testing ledger does not validate the wider corpus. Rules, labels and parameters can be incomplete or wrong; consult the original source and its reuse terms."
}