Forex Turn Area Buy Sell Indicator
This Old Kings indicator for MetaTrader 4 is called Forex Turn Area Buy Sell Indicator. In the code it works with RSI and moving averages. It has 5 settings, for example EMA Period (default 12), EMA Method (default 0) and EMA Price (default 0). Try it on a demo chart first and note how its lines or arrows react to new bars. 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 Turn Area Buy Sell Indicator
Forex Turn Area Buy Sell Indicator is an indicator for MetaTrader 4 based on RSI and Moving Average. It has 5 settings, such as Ema period, Ema method and Ema price. MQL source code included.
Files in the download: installation manual.txt, Turn_Area.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Ema period | 12 | Period or timeframe used by the calculation |
| Ema method | 0 | |
| Ema price | 0 | |
| Rsi period | 21 | Period or timeframe used by the calculation |
| Psi price | 0 |
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