Easy Method
Easy Method is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses RSI. It has 7 settings, for example RSI Period (default 13), RSI Price (default 0) and Volatility Band (default 34). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 2 indicator files with source code (.mq4) you can open and edit in MetaEditor and a PDF guide. 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 Easy Method
Easy Method is an indicator for MetaTrader 4 based on RSI. It has 7 settings, such as Rsi period, Rsi price and Volatility band. MQL source code included.
Files in the download: Traders_Dynamic_Index.ex4, Traders_Dynamic_Index.mq4, E.A.S.Y.Method.pdf, Easy Trend 5 new color template.tpl, easy_trend 5.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Rsi period | 13 | 8-25 |
| Rsi price | 0 | 0-6 |
| Volatility band | 34 | 20-40 |
| Rsi price line | 2 | |
| Rsi price type | 0 | 0-3 |
| Trade signal line | 7 | |
| Trade signal type | 0 | 0-3 |
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: RSI · MT4 Indicator · MQL4 Source Code