Forex RDI Forecast Indicator
This Old Kings indicator for MetaTrader 4 is called Forex RDI Forecast Indicator. It draws arrows on the chart. It has 4 settings, for example Base Period (default 280), Forecast Period (default 30) and Samples (default 2000). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 RDI Forecast Indicator
Forex RDI Forecast Indicator is an indicator for MetaTrader 4. It draws buy and sell arrows on the chart. It has 4 settings, such as Base period, Forecast period and Samples. MQL source code included.
Files in the download: installation manual.txt, RDI_ForexForecast.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Base period | 280 | Number of basement bars to forecast |
| Forecast period | 30 | Bars to forecast |
| Samples | 2000 | Period to check similarity to current movement |
| Base elements | 20 | Number of elements to choose for forecasting |
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: Buy/Sell Arrows · MT4 Indicator · MQL4 Source Code