Forex Tro Multi Meter RSI Indicator
Forex Tro Multi Meter RSI Indicator is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around the RSI oscillator (overbought / oversold zones) and currency strength across pairs. Its source code uses RSI. It can send alerts. It has 25 settings, for example Show Heading (default false), Corner of Chart RIGHT TOP (default true) and Shift UP DN (default 60). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Tro Multi Meter RSI Indicator
Forex Tro Multi Meter RSI Indicator is an indicator for MetaTrader 4 based on RSI. It can alert you with a pop-up, sound, email or push message. It has 25 settings, such as Show heading, Corner of chart right top and Shift up dn. MQL source code included.
Files in the download: installation manual.txt, _TRO_Multi_Meter_xRSI.ex4, _TRO_Multi_Meter_xRSI.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Show heading | false | |
| Corner of chart right top | true | |
| Shift up dn | 60 | Bar shift (0 = current bar) |
| Adjust side to side | 20 | 20 |
| Ind name | RSI | change |
| Rsi settings | === RSI Settings === | |
| Rsi period | 2 | RSI period |
| Rsi alert1 | 50 | RSI period |
| Rsi alert1 msg | Alert | RSI period |
| Color xup | Lime | Colour on the chart |
| Color xdn | Crimson | Colour on the chart |
| Level5 | 95 | |
| Level4 | 80 | |
| Level3 | 50 | |
| Level2 | 20 | |
| Level1 | 5 | |
| Level0 | 0 | |
| Color level5 | Red | Colour on the chart |
| Color level4 | Orange | Colour on the chart |
| Color level3 | Yellow | Colour on the chart |
| Color level2 | YellowGreen | Colour on the chart |
| Color level1 | Blue | Colour on the chart |
| Color level0 | DarkBlue | Colour on the chart |
| Bar label color | LightBlue | Colour on the chart |
| Comment label color | LightBlue | 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: RSI · Alerts · MT4 Indicator · MQL4 Source Code