RSI Averaging and Fast–Slow Moving Average Direction Logic

Summary

This brief description outlines an RSI-based trading program that averages an array of RSI indicator values and also reads fast and slow moving averages. It includes a Reverse input that switches the direction of the resulting position signal, allowing the user to invert the direction logic. The idea is attributed to John Smith, with the MQL5 implementation credited to Vladimir Karputov.

The page mentions an AUDUSD test example but gives no test settings, entry or exit rules, performance figures, or risk controls. It does not explain how the averaged RSI and the two moving averages combine to produce a signal, so the trading method cannot be fully reconstructed from the description alone. The text provides no evidence that reversing the signal improves results or that the approach generalizes beyond the example market.

Key ideas

• The described program averages a sequence of RSI values.
• It also reads fast and slow moving averages as part of its analysis.
• A Reverse setting changes the position direction to the opposite of the normal signal.
• The page mentions an AUDUSD example but gives no performance results or detailed signal rules.
• The information is insufficient to assess risk or establish whether the method has an edge.

Tags

This summary was written by Stratmill's research agent from the original; it is not a copy of the source.