Forex Connors RSI Binary Options Strategy
Forex Connors RSI Binary Options Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to the RSI oscillator (overbought / oversold zones). Its source code uses Bollinger Bands. It draws arrows on the chart and can send alerts. It has 40 settings, for example a00 (default ========================), BB Period (default 20) and BB Shift (default 0). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Connors RSI Binary Options Strategy
Forex Connors RSI Binary Options Strategy is an indicator for MetaTrader 4 based on Bollinger Bands. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 40 settings, such as A00, Bb period and Bb shift. MQL source code included.
Files in the download: ACBB.ex4, ACBB.mq4, ConnorsRSI eMOD.ex4, installation manual.txt, TSR.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| A00 | ==================================== | ================================= |
| Bb period | 20 | Bands Period |
| Bb shift | 0 | Bands Shift |
| Bb deviations | 2.0 | Bands Deviations |
| Bb price | 0 | Bands Price |
| Show line ind | true | |
| A01 | >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> | >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> |
| V1 alert | true | Alert |
| B00 | ------------------------------------ | ------------------------------------ |
| V1 alert up line | true | Turn this alert on or off |
| V1 alert md line | true | Turn this alert on or off |
| V1 alert dn line | true | Turn this alert on or off |
| B01 | ------------------------------------ | ------------------------------------ |
| V1 arr otstup | 0 | / |
| V1 arr md otstup | 3 | |
| V1 arr width | 1 | |
| V1 arr up code | 159 | |
| V1 arr md code | 159 | |
| V1 arr dn code | 159 | |
| V1 arr up col | clrLime | |
| V1 arr md col | clrYellow | |
| V1 arr dn col | clrRed | |
| B02 | ------------------------------------ | ------------------------------------ |
| V1 alerts message | true | Alerts Message |
| V1 alerts sound | false | Alerts Sound |
| V1 alerts email | false | Alerts Email |
| V1 alerts mobile | false | Alerts Mobile |
| B03 | ------------------------------------ | ------------------------------------ |
| V1 sound up | alert.wav | Turn this alert on or off |
| V1 sound md | alert.wav | Turn this alert on or off |
| V1 sound dn | alert.wav | Turn this alert on or off |
| B04 | ------------------------------------ | ------------------------------------ |
| V1 txt up | Up | . |
| V1 txt md | Md | . |
| V1 txt dn | Dn | . |
| A02 | >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> | >>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>> |
| V2 alert | true | Alert |
| B05 | ------------------------------------ | ------------------------------------ |
| V2 alert up line | true | Turn this alert on or off |
| V2 alert md line | true | 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: RSI · Binary Options · Buy/Sell Arrows · Alerts · Bollinger Bands · MT4 Indicator · MQL4 Source Code