Forex Accelerator RSI EMA Channel Trading Strategy
From the Old Kings archive: Forex Accelerator RSI EMA Channel Trading Strategy, an indicator for MetaTrader 4. As the name suggests, the idea behind it is the RSI oscillator (overbought / oversold zones), moving averages and price channels. In the code it works with RSI. It has 4 settings, for example RSI Periods (default 14), Percent K (default 14) and Percent D (default 9). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 3 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 Forex Accelerator RSI EMA Channel Trading Strategy
Forex Accelerator RSI EMA Channel Trading Strategy is an indicator for MetaTrader 4 based on RSI. It has 4 settings, such as Rsi periods, Percent k and Percent d. MQL source code included.
Files in the download: fibopiv monthly.mq4, installation manual.txt, stochastic rsi , accelerator with ema channel trading system.tpl, stochRSI.ex4, stochRSI.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Rsi periods | 14 | Number of bars in the calculation |
| Percent k | 14 | |
| Percent d | 9 | |
| Num of bars | 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: RSI · Moving Average · Channels & Envelopes · MT4 Indicator · MQL4 Source Code