Forex RSI Bands MA Indicator
Forex RSI Bands MA Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to the RSI oscillator (overbought / oversold zones) and moving averages. Its source code uses RSI and moving averages. It has 4 settings, for example RSI Per (default 8), MA Per (default 8) and Bands Per (default 20). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 RSI Bands MA Indicator
Forex RSI Bands MA Indicator is an indicator for MetaTrader 4 based on RSI and Moving Average. It has 4 settings, such as Rsi per, Ma per and Bands per. MQL source code included.
Files in the download: alx_RSI_BANDS_MA.mq4, alx_RSI_BANDS_MA_change.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Rsi per | 8 | |
| Ma per | 8 | |
| Bands per | 20 | |
| Smooth type | 0 |
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 · MT4 Indicator · MQL4 Source Code