Idea Originator: John Smith, MQL5 Code Developer: barabashkakvn.
With this system, we leverage the power of the #include <MovingAverages.mqh> to smooth out the values provided by the iRSI indicator.
This tool also retrieves values from two different iMAs—our fast and slow indicators—giving you a clearer picture of market trends.
One of the standout features is the "Reverse" parameter found in the inputs. When toggled to "true," it flips the signal direction, allowing for more versatile trading strategies.
Testing the System on AUDUSD
For instance, let’s take a look at how this system performs with the AUDUSD currency pair:
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