Forex RSI Lido Spike Binary Options Strategy
From the Old Kings archive: Forex RSI Lido Spike Binary Options Strategy, an indicator for MetaTrader 4. Judging by its name, it is built around the RSI oscillator (overbought / oversold zones). It can send alerts. It has 26 settings, for example Clock Color (default Magenta), VC Period (default 0) and VC Num Bars (default 5). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Lido Spike Binary Options Strategy
Forex RSI Lido Spike Binary Options Strategy is an indicator for MetaTrader 4. It can alert you with a pop-up, sound, email or push message. It has 26 settings, such as Clock color, Vc period and Vc num bars. MQL source code included.
Files in the download: BE-clock.mq4, Color Stochastic.ex4, Extreme_Spike.ex4, Fractal Support and Resistance.ex4, installation manual.txt, MTP_HLineAlerter.ex4, RSI Lido with Spike Extreme.tpl, RSI_LiDo.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Clock color | Magenta | Colour on the chart |
| Vc period | 0 | Period or timeframe used by the calculation |
| Vc num bars | 5 | |
| Vc bars2 check | 500 | |
| Vc display chart | true | |
| Vc display sr | true | |
| Vc use classic color sheme | false | Colour on the chart |
| Vc use dynamic sr levels | false | |
| Vc dynamic sr period | 500 | Period or timeframe used by the calculation |
| Vc dynamic sr high cut | 0.02 | |
| Vc dynamic sr medium cut | 0.05 | |
| Vc overbought | 6 | |
| Vc slightly overbought | 4 | |
| Vc slightly oversold | -4 | |
| Vc oversold | -6 | |
| Vc alert on | true | Turn this alert on or off |
| Vc alert sr anticipation | 1.0 | Turn this alert on or off |
| Vc up color | Lime | Colour on the chart |
| Vc down color | Red | Colour on the chart |
| Vc overbought color | DarkOrange | Colour on the chart |
| Vc slightly overbought color | Coral | Colour on the chart |
| Vc neutral color | DimGray | Colour on the chart |
| Vc slightly oversold color | DodgerBlue | Colour on the chart |
| Vc oversold color | Blue | Colour on the chart |
| Vc wick width | 1 | |
| Vc body width | 4 |
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 · Alerts · MT4 Indicator · MQL4 Source Code