Forex RSI MA Cross Binary Options Strategy
From the Old Kings archive: Forex RSI MA Cross Binary Options Strategy, an indicator for MetaTrader 4. Judging by its name, it is built around the RSI oscillator (overbought / oversold zones) and moving averages. In the code it works with divergence checks, RSI and moving averages. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example RSIPeriod (default 5), RSIPrice (default 0) and level Os (default 30). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 10 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 MA Cross Binary Options Strategy
Forex RSI MA Cross Binary Options Strategy is an indicator for MetaTrader 4 based on Divergence, RSI and Moving Average. 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 40 settings, such as Rsi period, Rsi price and Level os. MQL source code included.
Files in the download: installation manual.txt, RSI Ob Os_arrows+alerts.mq4, 3c_Turbo_JRSX_wAppliedPrice.ex4, averages_macd_-_mtf_amp_alertsdivergence_nmc.ex4, averages_macd_-_mtf_amp_alertsdivergence_nmc.mq4, Buy sell volume.mq4, lwma-crossover_signal.mq4, MA2_Signal_ver2 non arrow.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Rsi period | 5 | Period or timeframe used by the calculation |
| Rsi price | 0 | |
| Level os | 30 | |
| Level ob | 70 | |
| Arrowsize | 2 | |
| 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 |
| Soundfile | alert2.wav | Turn this alert on or off |
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Price | 8 | |
| Fast period | 12 | Period or timeframe used by the calculation |
| Slow period | 26 | Period or timeframe used by the calculation |
| Signal period | 9 | Period or timeframe used by the calculation |
| Method | 1 | |
| Divergence visible | true | |
| Divergence on values visible | true | |
| Divergence on chart visible | true | |
| Divergence bullish color | LimeGreen | Colour on the chart |
| Divergence bearish color | OrangeRed | Colour on the chart |
| Divergence unique id | Macd diverge1 | |
| Histogram on slope | true | |
| Interpolate | true | |
| Level ob3 | 0.0050 | |
| Level ob2 | 0.0025 | |
| Level ob1 | 0.0010 | |
| Level os1 | -0.0010 | |
| Level os2 | -0.0025 | |
| Level os3 | -0.0050 | |
| Alerts on zero cross | false | Turn this alert on or off |
| Alerts on macd signal cross | true | Turn this alert on or off |
| Alerts on ob level3 cross | false | Turn this alert on or off |
| Alerts on ob level2 cross | false | Turn this alert on or off |
| Alerts on ob level1 cross | false | Turn this alert on or off |
| Alerts on os level1 cross | false | Turn this alert on or off |
| Alerts on os level2 cross | false | Turn this alert on or off |
| Alerts on os level3 cross | false | Turn this alert on or off |
| Arrows visible | false |
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 · Binary Options · Buy/Sell Arrows · Alerts · Divergence · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code