Expert Advisors • Indicators • Scripts • Libraries

MQL.RobotFX.org is the biggest collection of MetaTrader expert advisors (MT5 & MT4), indicators, scripts and libraries that can be used to improve trading results, minimize risks or simply automate trading tasks

MetaTrader 5 Expert Advisor | RSI trader v0.15

Author of the idea — John Smith, author of the MQL5 code — barabashkakvn. 

Using 

#include <MovingAverages.mqh>

we average the array of values of the iRSI indicator.

We also get the values of two iMAs — the fast and the slow one.

The "Reverse" parameter is available in inputs. He is responsible for the position direction: if set to "true", the signal will be opposite.

Test example on AUDUSD:

MetaTrader Experts, Indicators, Scripts and Libraries

17833

Best MetaTrader Indicators + Profitable Expert Advisors