RSI Extreme Binary System 2 2
From the Old Kings archive: RSI Extreme Binary System 2 2, an indicator for MetaTrader 4. Its name points to the RSI oscillator (overbought / oversold zones). In the code it works with RSI and moving averages. It draws arrows on the chart. It has 4 settings, for example Fast EMA (default 13), Slow EMA (default 21) and RSIPeriod (default 9). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 3 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 RSI Extreme Binary System 2 2
RSI Extreme Binary System 2 2 is an indicator for MetaTrader 4 based on RSI and Moving Average. It draws buy and sell arrows on the chart. It has 4 settings, such as Fast ema, Slow ema and Rsi period. MQL source code included.
Files in the download: RSI Extreme Binary System\Bears.ex4, RSI Extreme Binary System\BUY-SELL.SIGNAL.ex4, RSI Extreme Binary System\BUY-SELL.SIGNAL.mq4, RSI Extreme Binary System\RSI Extreme Binary System.tpl.
Settings
| Setting | Default | What it does |
|---|---|---|
| Fast ema | 13 | |
| Slow ema | 21 | |
| Rsi period | 9 | Period or timeframe used by the calculation |
| Alerts | TRUE | 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 · Binary Options · Buy/Sell Arrows · Moving Average · MT4 Indicator · MQL4 Source Code