Forex RSI Dot Trend Binary Options Strategy
From the Old Kings archive: Forex RSI Dot Trend Binary Options Strategy, an indicator for MetaTrader 4. As the name suggests, the idea behind it is the RSI oscillator (overbought / oversold zones) and following the trend. In the code it works with RSI, moving averages and ATR. It draws arrows on the chart and can send alerts. It has 40 settings, for example DOT MMS (default ), Signal (default VarA) and aa. Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 3 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 Dot Trend Binary Options Strategy
Forex RSI Dot Trend Binary Options Strategy is an indicator for MetaTrader 4 based on RSI, Moving Average and ATR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 40 settings, such as Dot mms, Signal and Aa. MQL source code included.
Files in the download: DOT.MMS_v1.mq4, installation manual.txt, RK-KCv8-wMTF-txt-Zo-trend_arrows.ex4, RK-KCv8-wMTF-txt-Zo-trend_arrows.mq4, RSI DOT MMS.tpl, RSI DOT Trend F.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Dot mms | ||
| Signal | VarA | . : |
| Aa | ====== Buy ========== | |
| Rsi period up | 2 | Number of bars in the calculation |
| Rsi level up | 5 | |
| Shift signal up | 0 | Bar shift (0 = current bar) |
| Revers up | false | |
| Ab | ===== Sell ========== | |
| Rsi period dn | 2 | Number of bars in the calculation |
| Rsi level dn | 95 | |
| Shift signal dn | 0 | Bar shift (0 = current bar) |
| Revers dn | false | |
| A | =================================== | ================================ |
| Bb | ______ ___ | |
| Run backtest | Var1 | |
| Time start | 2015.10.25 15:00 | : |
| History | 1440 | |
| Set wind | Win0 | |
| Time start end | ___ ___ | |
| Time start | 08:00 | () |
| Time end | 17:59 | () |
| Arr | ___ Arrows & Alert___ | |
| Klik sig | Off | |
| Arr predv | true | |
| Arr osnov | true | |
| Arr code up | 233 | Up |
| Arr code dn | 234 | Dn |
| Arr color up | clrLime | / Up |
| Arr color dn | clrMagenta | / Dn |
| Arr otstup | 0 | |
| Arr width | 1 | |
| Alerts message | true | Message ( ) |
| Alerts sound | false | Sound ( ) |
| Tf | 0 | Period or timeframe used by the calculation |
| K cperiod | 7 | Period or timeframe used by the calculation |
| Num at rs | 0.75 | |
| Price | 0 | 0-6; 4-median |
| Addmidzero | false | |
| Max bars | 400 | |
| Alerts on | true | 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 · Trend · Binary Options · Buy/Sell Arrows · Alerts · Moving Average · ATR · MT4 Indicator · MQL4 Source Code