This paper introduces a network-based interval type-2 fuzzy inference system (NT2FIS) with a dynamic solution agent algorithm water flow like algorithm (WFA), for nonlinear system identification and blind source separation (BSS) problem. The NT2FIS consists of interval type-2 asymmetric fuzzy membership functions and TSK-type consequent parts to enhance the performance. The proposed scheme is optimized by a new heuristic learning algorithm, WFA, with dynamic solution agents. The proposed WFA is inspired by the natural behavior of water flow. Splitting, moving, merging, evaporation, and precipitation have all been introduced for optimization. Some modifications, including new moving strategies, such as the application of tabu searching and gradient-descent techniques, are proposed to enhance the performance of the WFA in training the NT2FIS systems. Simulation and comparison results for nonlinear system identification and blind signal separation are presented to illustrate the performance and effectiveness of the proposed approach.