Forex Fast RSI Double Bands Binary Options Strategy
From the Old Kings archive: Forex Fast RSI Double Bands Binary Options Strategy, an indicator for MetaTrader 4. Judging by its name, it is built around the RSI oscillator (overbought / oversold zones). In the code it works with RSI and moving averages. It has 7 settings, for example Rsi Period (default 3), Up Down Period (default 2) and ROCPeriod (default 100). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 11 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 Fast RSI Double Bands Binary Options Strategy
Forex Fast RSI Double Bands Binary Options Strategy is an indicator for MetaTrader 4 based on RSI and Moving Average. It has 7 settings, such as Rsi period, Up down period and Roc period. MQL source code included.
Files in the download: 333.tpl, 5m15m.tpl, AllPivots_v4.1 600+.ex4, Connors RSI.ex4, Connors RSI.mq4, ConnorsRSI eMOD.ex4, PowerDynamiteAreas eMOD.ex4, T3-RSI.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Rsi period | 3 | Period or timeframe used by the calculation |
| Up down period | 2 | Period or timeframe used by the calculation |
| Roc period | 100 | Period or timeframe used by the calculation |
| Price | PRICE_CLOSE | |
| Rsi period | 2 | Period or timeframe used by the calculation |
| T3 period | 8 | Period or timeframe used by the calculation |
| T3 curvature | 0.618 |
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 · Moving Average · MT4 Indicator · MQL4 Source Code