Forex Synergy Signals Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Synergy Signals Indicator. Its name points to buy / sell signals on the chart. In the code it works with RSI and moving averages. It draws arrows on the chart. It has 11 settings, for example Price Channel Period (default 5), RSI Period (default 13) and RSISmooth Period (default 2). 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 Synergy Signals Indicator
Forex Synergy Signals Indicator is an indicator for MetaTrader 4 based on RSI and Moving Average. It draws buy and sell arrows on the chart. It has 11 settings, such as Price channel period, Rsi period and Rsi smooth period. MQL source code included.
Files in the download: installation manual.txt, Synergy_Signals_2v2s.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Price channel period | 5 | Period or timeframe used by the calculation |
| Rsi period | 13 | 8-25 |
| Rsi smooth period | 2 | Period or timeframe used by the calculation |
| Rsi volatility band period | 34 | 20-40 |
| Rsi trade signal period | 7 | Period or timeframe used by the calculation |
| Trend indicator period | 55 | Period or timeframe used by the calculation |
| Rsi price | 0 | 0-6 |
| Rsi mavg mode | 0 | 0-3 |
| Rsi trade signal mavg mode | 0 | 0-3 |
| Factor short bars | 0.50 | |
| Signal offset | 5 |
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 · RSI · Moving Average · MT4 Indicator · MQL4 Source Code