Forex Stochastic RSI Trading Strategy
Forex Stochastic RSI Trading Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is the RSI oscillator (overbought / oversold zones) and the Stochastic oscillator. Its source code uses RSI. It has 4 settings, for example RSI Periods (default 14), Percent K (default 14) and Percent D (default 9). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file 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 Stochastic RSI Trading Strategy
Forex Stochastic RSI Trading Strategy is an indicator for MetaTrader 4 based on RSI. It has 4 settings, such as Rsi periods, Percent k and Percent d. MQL source code included.
Files in the download: installation manual.txt, stochasticrsi trading system.tpl, stochRSI.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Rsi periods | 14 | Number of bars in the calculation |
| Percent k | 14 | |
| Percent d | 9 | |
| Num of bars | 0 |
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 · MT4 Indicator · MQL4 Source Code