Forex RSI Extremums Binary Options Strategy
This Old Kings indicator for MetaTrader 4 is called Forex RSI Extremums Binary Options Strategy. As the name suggests, the idea behind it is the RSI oscillator (overbought / oversold zones). In the code it works with moving averages and RSI. It draws arrows on the chart. It has 4 settings, for example Fast MA (default 12), Slow MA (default 24) and Crosses (default 50). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 9 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 Extremums Binary Options Strategy
Forex RSI Extremums Binary Options Strategy is an indicator for MetaTrader 4 based on Moving Average and RSI. It draws buy and sell arrows on the chart. It has 4 settings, such as Fast ma, Slow ma and Crosses. MQL source code included.
Files in the download: AK_ZigZag Pointer.ex4, AK_Zigzag1.ex4, ArrZZx2.ex4, Cycle_KROUFR_version.ex4, Cycle_KROUFR_version.mq4, installation manual.txt, polinomial regression.ex4, RSI Extremums.tpl ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast ma | 12 | |
| Slow ma | 24 | |
| Crosses | 50 | |
| Comments | true | Comment written on the orders |
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 · Binary Options · Buy/Sell Arrows · Moving Average · MT4 Indicator · MQL4 Source Code