Forex RSI Monitor Trading Indicator
Forex RSI Monitor Trading Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around the RSI oscillator (overbought / oversold zones). Its source code uses RSI. It can send alerts. It has 22 settings, for example lb 0, Corner (default 0) and Allow Subwindow (default false). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 1 indicator file 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 Monitor Trading Indicator
Forex RSI Monitor Trading Indicator is an indicator for MetaTrader 4 based on RSI. It can alert you with a pop-up, sound, email or push message. It has 22 settings, such as Lb 0, Corner and Allow subwindow. MQL source code included.
Files in the download: installation manual.txt, RSI_Monitor.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Lb 0 | ----------- PANEL ----------- | |
| Corner | 0 | Panel Side |
| Allow subwindow | false | Allow sub window |
| Pbgc | C'10,10,10' | Panel Backgroud color |
| Ptc | clrTomato | Panel Title color |
| Pfn | Calibri | Panel Font Name |
| Pfc | clrSilver | Panel Text Color |
| Pvc | clrDodgerBlue | Panel Values Color |
| Obic | clrLime | OverBought icon color |
| Osic | clrRed | OverSold icon color |
| Nic | clrGray | Normal icon color |
| Lb 1 | ----------- RSI ----------- | |
| Rsi period | 14 | RSI period |
| Rsi applied | 0 | RSI Applied Price |
| Min rsi | 30 | RSI OverSold Level |
| Max rsi | 70 | RSI OverBought Level |
| Lb 2 | ----------- NOTIFICATION ----------- | |
| Use alert | false | Enable Alert |
| Use email | false | Enable Email |
| Use notification | false | Enable Notification |
| Use sound | false | Enable Sound |
| Sound name | alert2.wav | Sound Name |
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 · Alerts · MT4 Indicator · MQL4 Source Code