Forex Schaff Trend RSX Indicator
Forex Schaff Trend RSX Indicator — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is following the trend. It can send alerts and can read another timeframe. It has 12 settings, for example Time Frame (default PERIOD_CURRENT), Fast MAPeriod (default 23) and Slow MAPeriod (default 50). 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 Schaff Trend RSX Indicator
Forex Schaff Trend RSX Indicator is an indicator for MetaTrader 4. It can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 12 settings, such as Time frame, Fast ma period and Slow ma period. MQL source code included.
Files in the download: installation manual.txt, schaff_trend_rsx_2_2.ex4, schaff_trend_rsx_2_2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | PERIOD_CURRENT | Time frame to use |
| Fast ma period | 23 | Fast ma period |
| Slow ma period | 50 | Slow ma period |
| Macd price | pr_close | Price to use for calculation |
| Rsx length | 9 | RSX calculation period |
| Alerts on | false | Turn alerts on |
| Alerts on current | true | Alerts on still opened bar |
| Alerts message | true | Alerts should show popup message |
| Alerts sound | false | Alerts should play a sound |
| Alerts email | false | Alerts should send email |
| Alerts push notif | false | Alerts should send notification |
| Interpolate | true |
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: Trend · Alerts · Multi-Timeframe (MTF) · MT4 Indicator · MQL4 Source Code