Forex RSX Corridor Signal Indicator
Forex RSX Corridor Signal Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is buy / sell signals on the chart. Its source code uses moving averages. It can read another timeframe. It has 4 settings, for example Time Frame (default Current time frame), Length (default 32) and Price (default PRICE_TYPICAL). 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 RSX Corridor Signal Indicator
Forex RSX Corridor Signal Indicator is an indicator for MetaTrader 4 based on Moving Average. It can show data from another timeframe (MTF). It has 4 settings, such as Time frame, Length and Price. MQL source code included.
Files in the download: corridor_rsx.ex4, corridor_rsx.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Length | 32 | |
| Price | PRICE_TYPICAL | |
| High low step | 0.5 | Distance between orders |
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: Buy/Sell Arrows · Multi-Timeframe (MTF) · Moving Average · MT4 Indicator · MQL4 Source Code