Forex MTF Moving Average RSI Indicator
This Old Kings indicator for MetaTrader 4 is called Forex MTF Moving Average RSI Indicator. Its name points to the RSI oscillator (overbought / oversold zones), moving averages and several timeframes at once. In the code it works with RSI. It has 12 settings, for example RSIPeriod (default 14), MARSIPeriod (default 8) and Mode MA (default MODE_EMA). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 1 indicator file 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 MTF Moving Average RSI Indicator
Forex MTF Moving Average RSI Indicator is an indicator for MetaTrader 4 based on RSI. It has 12 settings, such as Rsi period, Marsi period and Mode ma. MQL source code included.
Files in the download: installation manual.txt, MTF_MARSI_v0_20.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Rsi period | 14 | Period or timeframe used by the calculation |
| Marsi period | 8 | Period or timeframe used by the calculation |
| Mode ma | MODE_EMA | Avalible: 0-SMA, 1-EMA |
| Show bars | 1 | |
| Fontsize | 10 | |
| Side | 1 | |
| Y | 5 | |
| X | 5 | |
| Ma rsi coolor | Gold | |
| Rsi coolor | Blue | |
| Bar label color | DarkGreen | Colour on the chart |
| Min bars | 250 |
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 · Moving Average · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code