Forex RVI Stochastic Arrow Alert Indicator
Forex RVI Stochastic Arrow Alert Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around the Stochastic oscillator, alerts and buy / sell signals on the chart. Its source code uses ATR. It draws arrows on the chart and can send alerts. It has 16 settings, for example RVIPeriod (default 10), Sto Period (default 32) and Sto Slowing (default 9). Load it on a demo chart and check whether its signals repaint before trusting them. 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 RVI Stochastic Arrow Alert Indicator
Forex RVI Stochastic Arrow Alert Indicator is an indicator for MetaTrader 4 based on ATR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 16 settings, such as Rvi period, Sto period and Sto slowing. MQL source code included.
Files in the download: installation manual.txt, stochastic_of_rvi_arrows__alerts.ex4, stochastic_of_rvi_arrows__alerts.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Rvi period | 10 | Period or timeframe used by the calculation |
| Sto period | 32 | Period or timeframe used by the calculation |
| Sto slowing | 9 | |
| Alerts on | true | Turn this alert on or off |
| Alerts on current | true | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts notify | true | Turn this alert on or off |
| Alerts email | true | Turn this alert on or off |
| Sound file | alert2.wav | Turn this alert on or off |
| Show arrows | true | |
| Arrows identifier | StochRvi arrows1 | |
| Arrows upper gap | 1.0 | |
| Arrows lower gap | 1.0 | |
| Arrows up color | Lime | Colour on the chart |
| Arrows dn color | Orange | Colour on the chart |
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: Stochastic · Buy/Sell Arrows · Alerts · ATR · MT4 Indicator · MQL4 Source Code