Forex Turbo RSI Filter Trading Strategy
Forex Turbo RSI Filter Trading Strategy 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). Its source code uses RSI. It has 13 settings, for example Len (default 14), Upper Level (default 70) and Lower Level (default 30). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 Turbo RSI Filter Trading Strategy
Forex Turbo RSI Filter Trading Strategy is an indicator for MetaTrader 4 based on RSI. It has 13 settings, such as Len, Upper level and Lower level. MQL source code included.
Files in the download: installation manual.txt, OB_OS Suite.mq4, RSIFilter_v1.mq4, Turbo Trading.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Len | 14 | ---- buffers |
| Upper level | 70 | |
| Lower level | 30 | |
| P | --Applied Price Types-- | |
| P0 | 0 = close | |
| P1 | 1 = open | |
| P2 | 2 = high | |
| P3 | 3 = low | |
| P4 | 4 = median(high+low)/2 | |
| P5 | 5 = typical(high+low+close)/3 | |
| P6 | 6 = weighted(high+low+close+close)/4 | |
| Price mode | 5 | |
| Period rsi | 14 | Number of bars in the calculation |
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 · MT4 Indicator · MQL4 Source Code