Forex Arbitrage Advanced Indicator
Forex Arbitrage Advanced Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses MACD, RSI and the Stochastic oscillator. It can send alerts, can read another timeframe and shows an on-chart panel. It has 27 settings, for example Indicator (default INDICATOR_MACD), Time Frame (default 0) and MACD. Load it on a demo chart and check whether its signals repaint before trusting them. 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 Arbitrage Advanced Indicator
Forex Arbitrage Advanced Indicator is an indicator for MetaTrader 4 based on MACD, RSI and Stochastic. It can alert you with a pop-up, sound, email or push message, can show data from another timeframe (MTF) and shows several symbols in one panel. It has 27 settings, such as Indicator, Time frame and MACD. MQL source code included.
Files in the download: arbitrage.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Indicator | INDICATOR_MACD | |
| Time frame | 0 | Period or timeframe used by the calculation |
| MACD | ||
| Fast ema | 12 | Fast EMA Period |
| Slow ema | 26 | Slow EMA Period |
| Signal sma | 9 | Signal SMA Period |
| Macd price | PRICE_CLOSE | MACD Price |
| Stochastic | ||
| Kperiod | 7 | K Period |
| Dperiod | 3 | D Period |
| Slowing | 3 | |
| Price field | STO_LOWHIGH | Price Field |
| RSI | ||
| Rsi period | 14 | RSI Period |
| Rsi price | PRICE_CLOSE | RSI Price |
| CCI | ||
| Cci period | 14 | CCI Period |
| Cci price | PRICE_CLOSE | CCI Price |
| RVI | ||
| Rvi period | 14 | RVI Period |
| De marker | ||
| De marker period | 14 | DeMarker Period |
| _ | --- | |
| Color bars | true | Color Bars |
| Fill buffers | true | Fill Buffers |
| __ | --- | |
| Alerts on | false | Turn this alert on or off |
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: Arbitrage · Alerts · Multi-Timeframe (MTF) · Dashboards & Scanners · MACD · RSI · Stochastic · MT4 Indicator · MQL4 Source Code