Arbitrator
From the Old Kings archive: Arbitrator, an indicator for MetaTrader 4. In the code it works with RSI and moving averages. It can read another timeframe. It has 15 settings, for example Time Frame (default PERIOD_CURRENT), trend Period (default 10) and Trigger Levels (default 0.05). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 5 indicator files with source code (.mq4) you can open and edit in MetaEditor. Old Kings are classic community tools shared as-is. Not tested by PolyMaria. Try it on a demo account first. Are you the author of this tool? Message us on Telegram (@abumarket_support) and we will credit you or take it down.
Indicator · MT4 · v1.0 · Free
About Arbitrator
Arbitrator is an indicator for MetaTrader 4 based on RSI and Moving Average. It can show data from another timeframe (MTF). It has 15 settings, such as Time frame, Trend period and Trigger levels. MQL source code included.
Files in the download: !!!!!!!!!!!!!!!!!ΓαÑ¡ñ.ex4, ARBITRATOR.tpl, Pdf Ma Histo(mtf + alerts + fl's).ex4, Support and Resistance (Barry).ex4, Trend direction & force index 1.01_Mod.mq4, ÆÇëîàÉ-Sec.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | PERIOD_CURRENT | Time frame |
| Trend period | 10 | Period |
| Trigger levels | 0.05 | Triggers levels |
| Interpolate | true | Interpolate in multi time frame mode |
| Mod | ||
| Trend up | 0.04 | |
| Trend dn | -0.04 | |
| Rsi period | 2 | Period or timeframe used by the calculation |
| Rsi price | 0 | |
| Rsi on off | false | |
| Histo rsi | false | |
| Display on off | false | |
| Set number | 5 | |
| Name | Trend_direction_forceindex_1.01 | |
| X | 0 |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
- Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
- Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
- Drag the indicator from the Navigator onto a chart and adjust the settings.
Tags: Multi-Timeframe (MTF) · RSI · Moving Average · MT4 Indicator · MQL4 Source Code