Forex Bollinger Cronex RSI Indicator
From the Old Kings archive: Forex Bollinger Cronex RSI Indicator, an indicator for MetaTrader 4. Its name points to the RSI oscillator (overbought / oversold zones) and Bollinger Bands. In the code it works with RSI. It can read another timeframe. It has 11 settings, for example Time Frame (default Current time frame), RSIPeriod (default 16) and T3Period (default 10). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Bollinger Cronex RSI Indicator
Forex Bollinger Cronex RSI Indicator is an indicator for MetaTrader 4 based on RSI. It can show data from another timeframe (MTF). It has 11 settings, such as Time frame, Rsi period and T3 period. MQL source code included.
Files in the download: Cronex T3 RSI BB_mtf nmc.ex4, Cronex T3 RSI BB_mtf nmc.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Rsi period | 16 | Period or timeframe used by the calculation |
| T3 period | 10 | Period or timeframe used by the calculation |
| T3 hot | 0.618 | |
| T3 original | false | |
| Bands period | 20 | Period or timeframe used by the calculation |
| Bands deviations | 2 | |
| Bands shift | 0 | Bar shift (0 = current bar) |
| Level os | 20 | |
| Level mid | 0 | |
| Level ob | -20 |
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 · Bollinger Bands · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code