RSI Trader v0.15 - MetaTrader 5 Expert | Forex Indicators Download - MT4/MT5 Resources
The author of the idea — John Smith , the author of the MQL5 code — Barabashkakon .
We average the array of iRSI indicator values.
We also obtained two iMA values - fast and slow.
The "reverse" parameter is available in the input. It is responsible for the position direction: if set to "true", the signal will be opposite.
AUDUSD test example:
Attachment download
📎 rsi_trader_v0.15.mq5 (23.28 KB)
Source: MQL5 #17833
RSI Trader v0.15 - MetaTrader 5 Expert | Forex Indicator Download - MT4/MT5 Resource Usage and Screening Suggestions
RSI Trader v0.15 - MetaTrader 5 Expert | Foreign Exchange Indicator Download - MT4/MT5 resources are foreign exchange indicator related resources. Before downloading or referencing, it is recommended to confirm the platform version, transaction type, time period, whether DLL is required, whether source code is included, parameter description and historical update records.
Both automated trading tools and foreign exchange indicators should first undergo backtesting, simulated account observation, and small capital verification. Pay special attention to spreads, slippages, maximum drawdowns, position opening frequency, stop loss methods, trading periods and broker rules, and avoid direct real-time execution based only on titles or short-term profit descriptions.
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