mql5

iRSI Open Close - expert for MetaTrader 5

Trading strategy
The iRSI (Relative Strength Index, RSI) indicator is used on the specified ' Working timeframe' timeframe - the same timeframe is used to determine the moment when a new bar is born (if it is needed for the ' Search signals on ... ' parameter). There is no Stop Loss, Take Profit, or Trailing in the EA.

Trading signals
As soon as the RSI crossed the 'RSI Level DOWN (30)' level from top to bottom, it is a signal to open a BUY position (before that, SELL positions will be closed first). As soon as the RSI crossed the 'RSI Level UP (70)' level from bottom to top, it is a signal to open a SELL position (before that, BUY positions will be closed first).

It is backtesting with visual mode (and with 100% history/modelling quality) - just for idea about how this EA works (by 0.01 lot size):