Code Library / RSI Strategies
MQL4 RSI with MA Filter
RSI trading filtered by moving average trend direction.
Language: MQL4 · Category: RSI Strategies · Tags: RSI, moving average, filter, MQL4, trend
Source code
int CheckSignal() {
double rsi0=iRSI(Symbol(),0,14,PRICE_CLOSE,0);
double rsi1=iRSI(Symbol(),0,14,PRICE_CLOSE,1);
double ma=iMA(Symbol(),0,200,0,MODE_SMA,PRICE_CLOSE,0);
if(rsi1<30&&rsi0>=30&&Close[0]>ma) return 1;
if(rsi1>70&&rsi0<=70&&Close[0]<ma) return -1;
return 0;
}How to use this snippet
This is a building block, not a finished trading system. Paste it into your own MQL4 project, compile it, and test it on a demo account with your broker's real spreads before relying on it. If MetaEditor reports errors, the compilation error fixer can help.