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Forex Dynamic Zone RSI MACD Indicator

Forex Dynamic Zone RSI MACD Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is MACD (moving average convergence / divergence), the RSI oscillator (overbought / oversold zones) and price zones drawn on the chart. Its source code uses MACD and RSI. It can read another timeframe. It has 10 settings, for example Time Frame (default current time frame), Macd Fast Period (default 12) and Macd Slow Period (default 26). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Dynamic Zone RSI MACD Indicator

Forex Dynamic Zone RSI MACD Indicator is an indicator for MetaTrader 4 based on MACD and RSI. It can show data from another timeframe (MTF). It has 10 settings, such as Time frame, Macd fast period and Macd slow period. MQL source code included.

Files in the download: Dynamic zone ab RSI of MACD.ex4, Dynamic zone ab RSI of MACD.mq4, installation manual.txt.

Settings

SettingDefaultWhat it does
Time framecurrent time framePeriod or timeframe used by the calculation
Macd fast period12Period or timeframe used by the calculation
Macd slow period26Period or timeframe used by the calculation
Macd pricePRICE_CLOSE
Rsi period14Period or timeframe used by the calculation
Look back60
Percent95
Ob level90
Os level10
Interpolatetrue

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: MACD · RSI · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria