RSI Bands MA
RSI Bands MA 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) and moving averages. Its source code uses RSI and moving averages. It has 4 settings, for example RSI Per (default 8), MA Per (default 8) and Bands Per (default 20). Load it on a demo chart and check whether its signals repaint before trusting them. 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 RSI Bands MA
RSI Bands MA is an indicator for MetaTrader 4 based on RSI and Moving Average. It has 4 settings, such as Rsi per, Ma per and Bands per. MQL source code included.
Files in the download: RSI_BANDS_MA.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Rsi per | 8 | |
| Ma per | 8 | |
| Bands per | 20 | |
| Smooth type | 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: RSI · Moving Average · MT4 Indicator · MQL4 Source Code