Forex Brooky Stochastic RSI Shade Indicator
From the Old Kings archive: Forex Brooky Stochastic RSI Shade Indicator, an indicator for MetaTrader 4. As the name suggests, the idea behind it is the RSI oscillator (overbought / oversold zones) and the Stochastic oscillator. In the code it works with RSI and the Stochastic oscillator. It has 13 settings, for example NOTE (default +--DLL Must Be Allowed--), NOTE2 (default +--For Auto Clear Backgo) and Coder (default +Brooky-Indicators.com+). 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 Stochastic RSI Shade Indicator
Forex Brooky Stochastic RSI Shade Indicator is an indicator for MetaTrader 4 based on RSI and Stochastic. It has 13 settings, such as NOTE, NOTE2 and Coder. MQL source code included.
Files in the download: Brooky_StochRsi_Shade.ex4, Brooky_StochRsi_Shade.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| NOTE | +--DLL Must Be Allowed--+ | |
| NOTE2 | +--For Auto Clear Backgound--+ | |
| Coder | +Brooky-Indicators.com+ | |
| Settings | +--Select Period & Levels--+ | |
| Stoch k | 14 | |
| Stoch s | 5 | |
| Stoch d | 5 | |
| Rsi | 14 | |
| O bought | 80 | |
| O sold | 20 | |
| 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 · Stochastic · MT4 Indicator · MQL4 Source Code