Forex RSI Stochastic WPR Indicator
Forex RSI Stochastic WPR Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around the RSI oscillator (overbought / oversold zones) and the Stochastic oscillator. Its source code uses RSI, the Stochastic oscillator and an oscillator. It has 22 settings, for example RSI Period (default 21), RSI Price (default 0) and Show RSI (default true). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 2 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 WPR Indicator
Forex RSI Stochastic WPR Indicator is an indicator for MetaTrader 4 based on RSI, Stochastic and Oscillator. It has 22 settings, such as Rsi period, Rsi price and Show rsi. MQL source code included.
Files in the download: installation manual.txt, RSI STO WPR.ex4, RSI STO WPR.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Rsi period | 21 | Period or timeframe used by the calculation |
| Rsi price | 0 | |
| Show rsi | true | |
| Sto k period | 14 | Period or timeframe used by the calculation |
| Sto d period | 3 | Period or timeframe used by the calculation |
| Sto sl period | 3 | Period or timeframe used by the calculation |
| Sto ma method | 0 | |
| Sto price field | 1 | |
| Show sto | true | |
| Wpr period | 55 | wpr+100; overlay sto,rsi obos zones 20/80 |
| Show wpr | true | |
| Level1 | 80 | zone- mladen's laguerre |
| Level2 | 50 | if zero - no level(zone) |
| Level3 | 20 | |
| Show levels | true | |
| Level1 color | C'0,0,72' | Colour on the chart |
| Level2 color | C'33,56,56' | Colour on the chart |
| Level3 color | C'72,0,0' | Colour on the chart |
| Beck gr | true | |
| Note price | 0C,1O 2H3L,4Md 5Tp 6WghC: Md(HL/2)4,Tp(H | |
| Ma method | SMA0 EMA1 SMMA2 LWMA3 | |
| Pricefield | 0Low/High 1Close/Close |
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 · Oscillator · MT4 Indicator · MQL4 Source Code