Rsier1m2 2
This Old Kings indicator for MetaTrader 4 is called Rsier1m2 2. In the code it works with RSI. It draws arrows on the chart and can read another timeframe. It has 3 settings, for example Timeframe in Minutes (default 15), RSIperiod (default 14) and Count Bars (default 350). 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 Rsier1m2 2
Rsier1m2 2 is an indicator for MetaTrader 4 based on RSI. It draws buy and sell arrows on the chart and can show data from another timeframe (MTF). It has 3 settings, such as Timeframe in minutes, Rs iperiod and Count bars. MQL source code included.
Files in the download: rsier1m2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Timeframe in minutes | 15 | Period or timeframe used by the calculation |
| Rs iperiod | 14 | Period or timeframe used by the calculation |
| Count bars | 350 |
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: Buy/Sell Arrows · Multi-Timeframe (MTF) · RSI · MT4 Indicator · MQL4 Source Code