Forex RK RSI EMA MTF Arrows Indicator
This Old Kings indicator for MetaTrader 4 is called Forex RK RSI EMA MTF Arrows Indicator. Judging by its name, it is built around the RSI oscillator (overbought / oversold zones), moving averages and buy / sell signals on the chart. In the code it works with RSI and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 13 settings, for example Time Frame (default H4), Rsi Period (default 10) and Ma Type (default MODE_SMA). 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 RK RSI EMA MTF Arrows Indicator
Forex RK RSI EMA MTF Arrows Indicator is an indicator for MetaTrader 4 based on RSI and ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 13 settings, such as Time frame, Rsi period and Ma type. MQL source code included.
Files in the download: installation manual.txt, RK-ml-RSI_EMA_MTF_v1.2_modjk.ex4, RK-ml-RSI_EMA_MTF_v1.2_modjk.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | H4 | Period or timeframe used by the calculation |
| Rsi period | 10 | Period or timeframe used by the calculation |
| Ma type | MODE_SMA | |
| Ma period | 2 | Period or timeframe used by the calculation |
| Interpolate | true | |
| Arrows identifier | Signal | |
| Arrows up color | Aqua | Colour on the chart |
| Arrows dn color | Red | Colour on the chart |
| Alerts on | true | Turn this alert on or off |
| Alerts on current | false | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | true | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
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) · Buy/Sell Arrows · Alerts · ATR · MT4 Indicator · MQL4 Source Code