Forex Exclusive MTF RSI Swing Trading Strategy
Forex Exclusive MTF RSI Swing Trading Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around the RSI oscillator (overbought / oversold zones) and several timeframes at once. Its source code uses RSI and ATR. It can send alerts and can read another timeframe. It has 33 settings, for example RSIperiod (default 14), RSIprice (default 0) and RSI Price note 1 (default CLOSE= 0, OPEN=1, HIGH=2). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Exclusive MTF RSI Swing Trading Strategy
Forex Exclusive MTF RSI Swing Trading 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 and can show data from another timeframe (MTF). It has 33 settings, such as Rs iperiod, Rs iprice and Rsi price note 1. MQL source code included.
Files in the download: exclusive mtf rsi with tma bands.tpl, eXclusive MTF RSI.ex4, eXclusive MTF RSI.mq4, FastTMALine.ex4, FastTMALine.mq4, HeikenAshi3.ex4, HeikenAshi3.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Rs iperiod | 14 | Period or timeframe used by the calculation |
| Rs iprice | 0 | |
| Rsi price note 1 | CLOSE= 0, OPEN=1, HIGH=2, LOW=3 | |
| Resi price note2 | MEDIAN=4, TYPICAL=5, WEIGHTED=6 | |
| Show rsi m1 | true | |
| Show rsi m5 | true | |
| Show rsi m15 | true | |
| Show rsi m30 | true | |
| Show rsi m60 | true | |
| Show rsi m240 | true | |
| Show rsi m1440 | true | |
| Show rsi m10080 | true | |
| M1 color | Red | Colour on the chart |
| M5 color | Lime | Colour on the chart |
| M15 color | Orange | Colour on the chart |
| M30 color | Blue | Colour on the chart |
| M60 color | White | Colour on the chart |
| M240 color | Green | Colour on the chart |
| M1440 color | Yellow | Colour on the chart |
| M10080 color | Moccasin | Colour on the chart |
| Time frame | Current | Period or timeframe used by the calculation |
| Tma period | 56 | Period or timeframe used by the calculation |
| Price | PRICE_CLOSE | |
| Atr multiplier | 2.0 | How much the lot size grows after a loss |
| Atr period | 100 | Period or timeframe used by the calculation |
| Trend threshold | 0.5 | |
| Show center line | false | |
| Alerts on | false | Turn this alert on or off |
| Alerts message | false | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Move endpoint every tick | false | |
| Max bars back | 5000 |
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 · Multi-Timeframe (MTF) · Alerts · ATR · MT4 Indicator · MQL4 Source Code