Forex Ultimate Arrow Binary Options Strategy
Forex Ultimate Arrow Binary Options Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. As the name suggests, the idea behind it is buy / sell signals on the chart. Its source code uses RSI, the Stochastic oscillator and CCI. It draws arrows on the chart and can send alerts. It has 11 settings, for example weight cci (default 0.1), weight rsi (default 0.1) and CCI (default 21). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 5 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 Ultimate Arrow Binary Options Strategy
Forex Ultimate Arrow Binary Options Strategy is an indicator for MetaTrader 4 based on RSI, Stochastic and CCI. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 11 settings, such as Weight cci, Weight rsi and CCI. MQL source code included.
Files in the download: 3in1_ST_RSI_CCI.ex4, 3in1_ST_RSI_CCI.mq4, Border lines.ex4, Ultimate Arrows alert.ex4, Ultimate Arrows alert.mq4, installation manual.txt, ultimatearrow.tpl, ultimatearrowB.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Weight cci | 0.1 | from 0 to 1 |
| Weight rsi | 0.1 | from 0 to 1 |
| CCI | 21 | period |
| RSI | 21 | period |
| St k | 24 | Stochastic %K |
| St s | 10 | Stochastic %K |
| Fast ma | 3 | |
| Slow ma | 7 | |
| Depth | 115 | 105;//21; |
| Deviation | 130 | 120;//24; |
| Backstep | 80 | 70;//14; |
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 · Binary Options · Alerts · RSI · Stochastic · CCI · MT4 Indicator · MQL4 Source Code