Forex Divergence Boom Binary Options Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Divergence Boom Binary Options Strategy. Its name points to divergence between price and an oscillator. In the code it works with RSI and ATR. It can send alerts. It has 14 settings, for example Time Zone Of Data (default 0), Time Zone Of Session (default 0) and ATRPeriod (default 5). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 6 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 Divergence Boom Binary Options Strategy
Forex Divergence Boom Binary Options Strategy is an indicator for MetaTrader 4 based on RSI and ATR. It can alert you with a pop-up, sound, email or push message. It has 14 settings, such as Time zone of data, Time zone of session and Atr period. MQL source code included.
Files in the download: $_CC_Cloud_2.ex4, bb-div.ex4, Binary Divergence Boom.tpl, installation manual.txt, ADR 1.ex4, ADR 1.mq4, bb-div.ex4, reversal divrgence trading.tpl ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Time zone of data | 0 | chart time zone (from GMT) |
| Time zone of session | 0 | dest time zone (from GMT) |
| Atr period | 5 | period for ATR |
| Use manual adr | false | allows use of manual value for range |
| Manual adr value pips | 0 | manual value for range |
| Line style | 2 | |
| Line thickness1 | 1 | normal thickness |
| Line color1 | Orange | normal color |
| Line thickness2 | 2 | thickness for range reached state |
| Line color2 | Blue | color for range reached state |
| Bar for labels | -10 | number of bars from right, where lines labels will be shown |
| Debug logger | false | |
| Send email | true | Turn this alert on or off |
| Period rsi | 14 | Number of bars in the calculation |
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: Divergence · Binary Options · Alerts · RSI · ATR · MT4 Indicator · MQL4 Source Code