Forex Three Candle High Low Binary Options Strategy
From the Old Kings archive: Forex Three Candle High Low Binary Options Strategy, an indicator for MetaTrader 4. Its name points to the daily high / low range. In the code it works with RSI, moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 26 settings, for example Time Frame (default Current time frame), Ema Fast (default 5) and Ema Slow (default 12). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 3 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 Three Candle High Low Binary Options Strategy
Forex Three Candle High Low Binary Options Strategy is an indicator for MetaTrader 4 based on RSI, Moving Average and ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 26 settings, such as Time frame, Ema fast and Ema slow. MQL source code included.
Files in the download: BB_Alert Arrows.ex4, ema + rsi binary mtf + alerts + arrows.mq4, installation manual.txt, m-Candles.mq4, three candle high low binary strategy.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Ema fast | 5 | |
| Ema slow | 12 | |
| Ema price | PRICE_CLOSE | |
| Rsi period | 14 | Period or timeframe used by the calculation |
| Rsi price | PRICE_CLOSE | |
| Ma mode | MODE_EMA | |
| 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 | false | |
| Arrows identifier | ema rsi binary Arrows | |
| Arrows upper gap | 1.0 | |
| Arrows lower gap | 1.0 | |
| Arrows up color | LimeGreen | Colour on the chart |
| Arrows dn color | Red | Colour on the chart |
| Arrows up code | 241 | |
| Arrows dn code | 242 | |
| Tf bar | 240 | |
| Number of bar | 100 | |
| Color up | 0x003300 | Colour on the chart |
| Color down | 0x000033 | 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: Binary Options · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · RSI · Moving Average · ATR · MT4 Indicator · MQL4 Source Code