Forex Brooky RSI Shade Indicator
Forex Brooky RSI Shade Indicator is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is the RSI oscillator (overbought / oversold zones). Its source code uses RSI. It has 10 settings, for example NOTE (default +--DLL Must Be Allowed--), NOTE2 (default +--For Auto Clear Backgo) and Coder (default +Forex-Indicators.Weebly). 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 Brooky RSI Shade Indicator
Forex Brooky RSI Shade Indicator is an indicator for MetaTrader 4 based on RSI. It has 10 settings, such as NOTE, NOTE2 and Coder. MQL source code included.
Files in the download: Brooky_Rsi_Shade.ex4, Brooky_Rsi_Shade.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| NOTE | +--DLL Must Be Allowed--+ | |
| NOTE2 | +--For Auto Clear Backgound--+ | |
| Coder | +Forex-Indicators.Weebly.com+ | |
| Settings | +--Select Period & Levels--+ | |
| Rsi period | 5 | Period or timeframe used by the calculation |
| O bought | 70 | |
| O sold | 30 | |
| Colors | +--Select Colors for Levels--+ | Colour on the chart |
| Oblevel | Blue | |
| Oslevel | Red |
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 · MT4 Indicator · MQL4 Source Code