Forex Adaptive Stochastic RSI Arrows Indicator
Forex Adaptive Stochastic RSI Arrows Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around the RSI oscillator (overbought / oversold zones), the Stochastic oscillator and buy / sell signals on the chart. Its source code uses RSI and ATR. It draws arrows on the chart. It has 17 settings, for example RSI Length (default 14), Stoch K Length (default 14) and K Smooth Length (default 8). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 2 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 Adaptive Stochastic RSI Arrows Indicator
Forex Adaptive Stochastic RSI Arrows Indicator is an indicator for MetaTrader 4 based on RSI and ATR. It draws buy and sell arrows on the chart. It has 17 settings, such as Rsi length, Stoch k length and K smooth length. MQL source code included.
Files in the download: adaptable_stochrsi_arrows.ex4, adaptable_stochrsi_arrows.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Rsi length | 14 | |
| Stoch k length | 14 | |
| K smooth length | 8 | |
| K smooth method | 1 | 0 - SMA |
| D smooth length | 8 | |
| D smooth method | 1 | 0 - SMA |
| Price | 0 | Applied price |
| Show arrows | false | |
| Arrows identifier | adpstorsi Arrows1 | |
| Arrows upper gap | 1.0 | |
| Arrows lower gap | 1.0 | |
| Arrows up color | LimeGreen | Colour on the chart |
| Arrows dn color | Red | Colour on the chart |
| Arrows up code | 241 | |
| Arrows dn code | 242 | |
| Level ob | 80.0 | |
| Level os | 20.0 |
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 · Stochastic · Buy/Sell Arrows · ATR · MT4 Indicator · MQL4 Source Code