Forex Advanced MTF RSI Indicator
Forex Advanced MTF RSI Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to the RSI oscillator (overbought / oversold zones) and several timeframes at once. Its source code uses RSI. It has 20 settings, for example RSIperiod (default 14), RSIprice (default 0) and RSI Price note 1 (default CLOSE= 0, OPEN=1, HIGH=2). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 1 indicator file 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 Advanced MTF RSI Indicator
Forex Advanced MTF RSI Indicator is an indicator for MetaTrader 4 based on RSI. It has 20 settings, such as Rs iperiod, Rs iprice and Rsi price note 1. MQL source code included.
Files in the download: eXclusive_MTF_RSI.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Rs iperiod | 14 | Period or timeframe used by the calculation |
| Rs iprice | 0 | |
| Rsi price note 1 | CLOSE= 0, OPEN=1, HIGH=2, LOW=3 | |
| Resi price note2 | MEDIAN=4, TYPICAL=5, WEIGHTED=6 | |
| Show rsi m1 | true | |
| Show rsi m5 | true | |
| Show rsi m15 | true | |
| Show rsi m30 | true | |
| Show rsi m60 | true | |
| Show rsi m240 | true | |
| Show rsi m1440 | true | |
| Show rsi m10080 | true | |
| M1 color | Red | Colour on the chart |
| M5 color | Lime | Colour on the chart |
| M15 color | Orange | Colour on the chart |
| M30 color | Blue | Colour on the chart |
| M60 color | White | Colour on the chart |
| M240 color | Green | Colour on the chart |
| M1440 color | Yellow | Colour on the chart |
| M10080 color | Moccasin | Colour on the chart |
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 · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code