Forex ADX RSI EMA Boom Binary Options Strategy
From the Old Kings archive: Forex ADX RSI EMA Boom Binary Options Strategy, an indicator for MetaTrader 4. As the name suggests, the idea behind it is the RSI oscillator (overbought / oversold zones), ADX / DMI trend strength and moving averages. In the code it works with RSI and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 15 settings, for example Time Frame (default H1), Rsi Period (default 4) and Ma Type (default MODE_EMA). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 ADX RSI EMA Boom Binary Options Strategy
Forex ADX RSI EMA Boom Binary Options Strategy is an indicator for MetaTrader 4 based on RSI and ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 15 settings, such as Time frame, Rsi period and Ma type. MQL source code included.
Files in the download: ADX.tpl, installation manual.txt, Original RSI-EMA Signals.mq4, SuperTrend.ex4, SuperTrend.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | H1 | Period or timeframe used by the calculation |
| Rsi period | 4 | Period or timeframe used by the calculation |
| Ma type | MODE_EMA | |
| Ma period | 2 | Period or timeframe used by the calculation |
| Interpolate | true | |
| Arrows identifier | RsiEmaArrows | |
| Arrows up color | Lime | Colour on the chart |
| Arrows dn color | Red | Colour on the chart |
| Alerts on | true | Turn this alert on or off |
| Alerts sound | true | Turn this alert on or off |
| Alerts on current | false | Turn this alert on or off |
| Alerts message | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Nbr periods | 10 | Number of bars in the calculation |
| Multiplier | 3.0 | How much the lot size grows after a loss |
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 · ADX · Binary Options · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · ATR · MT4 Indicator · MQL4 Source Code