Self Adjust RSI V1
Self Adjust RSI V1 — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around the RSI oscillator (overbought / oversold zones). This copy is version 1. Its source code uses moving averages. It has 4 settings, for example Price (default 0), RSIPeriod (default 14) and K (default 1). 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 · Free
About Self Adjust RSI V1
Self Adjust RSI V1 is an indicator for MetaTrader 4 based on Moving Average. It has 4 settings, such as Price, Rsi period and K. MQL source code included.
Files in the download: SelfAdjustRSI_v1.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Price | 0 | O-Close; 1-Open; 2-High; 3-Low; 4-Median; 5-Typical; 6-Weighted |
| Rsi period | 14 | Period of RSI |
| K | 1 | Deviation ratio |
| Mode | 0 | RSI mode : 0 - typical(smoothed by SMMA); 1- clssic (smoothed by SMA) |
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