Gold System
From the Old Kings archive: Gold System, an indicator for MetaTrader 4. Its name points to gold (XAUUSD). In the code it works with RSI and moving averages. It draws arrows on the chart. It has 30 settings, for example MAPeriod (default 55), MAType (default 2) and fibo1 (default 1). 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 Gold System
Gold System is an indicator for MetaTrader 4 based on RSI and Moving Average. It draws buy and sell arrows on the chart. It has 30 settings, such as Ma period, Ma type and Fibo1. MQL source code included.
Files in the download: Gold System\Gold.jpg, Gold System\GOLD.tpl, Gold System\Indicators and Trading Systems - Free Download.url, Gold System\read me.txt, Gold System\Indicators\9Squared MM.ex4, Gold System\Indicators\buy zone fibs.mq4, Gold System\Indicators\rsi chart bars.mq4, Gold System\Indicators\RSIOMA_v3.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Ma period | 55 | Period or timeframe used by the calculation |
| Ma type | 2 | |
| Fibo1 | 1 | |
| Fibo2 | 2 | |
| Fibo3 | 3 | |
| Fibo4 | 4 | |
| Fibo5 | 5 | |
| Fibo6 | 6 | |
| Fibo7 | 7 | |
| Rsi period | 55 | Period or timeframe used by the calculation |
| Rsi price | 0 | |
| Overbought | 50 | |
| Oversold | 50 | |
| Rsioma | 14 | |
| Rsioma mode | MODE_EMA | |
| Rsioma price | PRICE_CLOSE | |
| Ma rsioma | 21 | |
| Ma rsioma mode | MODE_EMA | |
| Buy trigger | 20.00 | |
| Sell trigger | 80.00 | |
| Buy trigger color | Magenta | Colour on the chart |
| Sell trigger color | DodgerBlue | Colour on the chart |
| Main trend long | 70.00 | |
| Main trend short | 30.00 | |
| Main trend long color | Green | Colour on the chart |
| Main trend short color | Red | Colour on the chart |
| Major trend | 50 | |
| Marsioma xup sig color | Aqua | DeepSkyBlue |
| Marsioma xdn sig color | DeepPink | Crimson |
| Bars to count | 500 |
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: Gold (XAUUSD) · Buy/Sell Arrows · RSI · Moving Average · MT4 Indicator · MQL4 Source Code