Forex RSI Stochastic Binary Options Strategy
Forex RSI Stochastic Binary Options Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Its name points to the RSI oscillator (overbought / oversold zones) and the Stochastic oscillator. Its source code uses MACD and the Stochastic oscillator. It draws arrows on the chart, can send alerts and can read another timeframe. It has 24 settings, for example Fast EMA (default 12), Slow EMA (default 26) and Signal (default 9). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 5 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 Stochastic Binary Options Strategy
Forex RSI Stochastic Binary Options Strategy is an indicator for MetaTrader 4 based on MACD and Stochastic. 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 24 settings, such as Fast ema, Slow ema and Signal. MQL source code included.
Files in the download: All RSI.ex4, installation manual.txt, All MACD v1.0.ex4, All MACD v1.0.mq4, rsi with stochastic binary options strategy high low.tpl, _Stochastic_Cross_Alert_SigOverlayM_cw.ex4, _Stochastic_Cross_Alert_SigOverlayM_cw.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast ema | 12 | |
| Slow ema | 26 | |
| Signal | 9 | |
| Price field | 0 | |
| __ | Chose timeframes | |
| Bars per time frame | 35 | Period or timeframe used by the calculation |
| Shift right | False | Bar shift (0 = current bar) |
| Current first | True | |
| Equalize | True | |
| Txt color | Silver | Colour on the chart |
| Separator color | DimGray | Colour on the chart |
| Sound on | false | Turn this alert on or off |
| Email on | false | Turn this alert on or off |
| K period | 5 | Period or timeframe used by the calculation |
| D period | 3 | Period or timeframe used by the calculation |
| Slowing | 3 | |
| Ma method | 0 | SMA 0, EMA 1, SMMA 2, LWMA 3 |
| Over bought level | 80 | |
| Over sold level | 20 | |
| Show kd cross | false | |
| Show k obo scross | true | |
| Show d obo scross | false | |
| Note price | PriceField: Low/High = 0, Close/Close = | |
| Ma method | SMA0 EMA1 SMMA2 LWMA3 |
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 · Stochastic · Binary Options · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · MACD · MT4 Indicator · MQL4 Source Code