Qora Strategy 2
This Old Kings indicator for MetaTrader 5 is called Qora Strategy 2. In the code it works with RSI. It draws arrows on the chart and can send alerts. It has 21 settings, for example Avg Period (default 25), Avg Type (default avgEma) and location (default l1). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 8 indicator files with source code (.mq5) 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 · MT5 · v1.0 · Free
About Qora Strategy 2
Qora Strategy 2 is an indicator for MetaTrader 5 based on RSI. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 21 settings, such as Avg period, Avg type and Location. MQL source code included.
Files in the download: 4_ma_candles.mq5, candle-closing-time-remaining-cctr-v3.ex5, candle-closing-time-remaining-cctr-v3.mq5, Qora.tpl, RSI candles - smoothed - with trend envelopes.mq5, Rsi(var) zerolag DEMA.mq5, SilverTrend_Signal_Alert.ex5, SilverTrend_Signal_Alert.mq5 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Avg period | 25 | Averages period |
| Avg type | avgEma | Averages method |
| Location | l1 | Lable Location |
| Display server time | on | Display Server Time |
| Play alert | off | Sound alert when the candle is closed |
| Custom alert sound | Custom alert sound | |
| Font size | 9 | Font Size |
| Colour | Silver | Colour |
| Rsi period | 32 | RSI period |
| Smt period | 14 | Smoothing period (<=1 for no smoothing) |
| Ma method | ma_sma | Smoothing method |
| Deviation | 20 | Trend envelopes deviation % |
| Period | 50 | RSI period |
| Price | PRICE_CLOSE | Price |
| SSP | 9 | |
| RISK | 3 | степень риска |
| Numberof bar | 1 | Номер бара для подачи сигнала |
| Sound on | true | Разрешение алерта |
| Numberof alerts | 2 | Количество алертов |
| E mail on | false | Разрешение почтовой отправки сигнала |
| Push on | false | Разрешение отправки сигнала на мобильный |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Indicators.
- Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
- Open the .mq5 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 · Alerts · RSI · MT5 Indicator · MQL5 Source Code