Forex Trend Bin Pro Binary Options Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Trend Bin Pro Binary Options Strategy. As the name suggests, the idea behind it is following the trend. In the code it works with RSI. It draws arrows on the chart. It has 12 settings, for example SF (default 5), RSIPeriod (default 14) and WP (default 4.236). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 10 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 Trend Bin Pro Binary Options Strategy
Forex Trend Bin Pro Binary Options Strategy is an indicator for MetaTrader 4 based on RSI. It draws buy and sell arrows on the chart. It has 12 settings, such as SF, Rsi period and WP. MQL source code included.
Files in the download: BPS Auto Trend lines.ex4, channel-signal.ex4, installation manual.txt, Market_Open_Lines c.ex4, QQE new histo.ex4, QQE new histo.mq4, QuickFib.ex4, QuickFib.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| SF | 5 | |
| Rsi period | 14 | Period or timeframe used by the calculation |
| WP | 4.236 | |
| Upper bound | 60 | |
| Lower bound | 40 | |
| Color uptrend | DarkSlateGray | Colour on the chart |
| Color downtrend | Maroon | Colour on the chart |
| Color retracement remaining | Bisque | Colour on the chart |
| Color high price | Crimson | Colour on the chart |
| Color low price | Green | Colour on the chart |
| Draw retracement blocks | true | |
| Line color | LightSlateGray | 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: Trend · Binary Options · Buy/Sell Arrows · RSI · MT4 Indicator · MQL4 Source Code