Original RSI EMA Signals 5
Original RSI EMA Signals 5 is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is the RSI oscillator (overbought / oversold zones), moving averages and buy / sell signals on the chart. Its source code uses RSI and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 13 settings, for example Time Frame (default H1), Rsi Period (default 4) and Ma Type (default MODE_EMA). 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 Original RSI EMA Signals 5
Original RSI EMA Signals 5 is an indicator for MetaTrader 4 based on RSI and ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 13 settings, such as Time frame, Rsi period and Ma type. MQL source code included.
Files in the download: Original RSI-EMA Signals.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | H1 | Period or timeframe used by the calculation |
| Rsi period | 4 | Period or timeframe used by the calculation |
| Ma type | MODE_EMA | |
| Ma period | 2 | Period or timeframe used by the calculation |
| Interpolate | true | |
| Arrows identifier | RsiEmaArrows | |
| Arrows up color | Lime | Colour on the chart |
| Arrows dn color | Red | Colour on the chart |
| Alerts on | true | Turn this alert on or off |
| Alerts sound | true | Turn this alert on or off |
| Alerts on current | false | Turn this alert on or off |
| Alerts message | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
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 · Moving Average · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · ATR · MT4 Indicator · MQL4 Source Code