RSI TMA ML
RSI TMA ML 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). Its source code uses RSI. It has 6 settings, for example Rsi Length (default 14), Rsi Price (default PRICE_CLOSE) and Half Length (default 12). 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 RSI TMA ML
RSI TMA ML is an indicator for MetaTrader 4 based on RSI. It has 6 settings, such as Rsi length, Rsi price and Half length. MQL source code included.
Files in the download: RSI TMA ML.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Rsi length | 14 | |
| Rsi price | PRICE_CLOSE | |
| Half length | 12 | |
| Dev period | 100 | Period or timeframe used by the calculation |
| Deviation int | 1 | |
| Deviation ext | 1.5 |
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 · MT4 Indicator · MQL4 Source Code