SR Interpretation
SR Interpretation is an indicator for MetaTrader 4 from the Old Kings collection. Its source code uses RSI, moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 40 settings, for example Period1 (default 5), Period2 (default 8) and Period3 (default 28). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 11 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 SR Interpretation
SR Interpretation is an indicator for MetaTrader 4 based on RSI, Moving Average and ATR. It draws buy and sell arrows on the chart, can alert you with a pop-up, sound, email or push message and can show data from another timeframe (MTF). It has 40 settings, such as Period1, Period2 and Period3. MQL source code included.
Files in the download: 3_Level_ZZ_Semafor.mq4, Background.mq4, BSTrend.mq4, Dynamic zone - pa Inverse fisher transform of RSI smoothed 2 nmc.mq4, h4.tpl, Hull ribbon mtf nmc._V1.mq4, PZ_SupportResistance-fixed~.mq4, RK-ml-RSI_EMA_MTF_v1.2.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Period1 | 5 | Number of bars in the calculation |
| Period2 | 8 | Number of bars in the calculation |
| Period3 | 28 | Number of bars in the calculation |
| Dev step 1 | 1,3 | Distance between orders |
| Dev step 2 | 8,5 | Distance between orders |
| Dev step 3 | 21,12 | Distance between orders |
| Symbol 1 kod | 140 | |
| Symbol 2 kod | 141 | |
| Symbol 3 kod | 142 | |
| Draw level one | false | |
| Max bars | 1000 | |
| Gui left | false | |
| Gui background color | C'154,156,160' | Colour on the chart |
| Window number | 1 | |
| Bg count | 1 | |
| Period | 6 | Period or timeframe used by the calculation |
| Alerts on | false | Turn this alert on or off |
| Time frame | Current time frame | Period or timeframe used by the calculation |
| Rsi period | 5 | Period or timeframe used by the calculation |
| Rsi price | PRICE_CLOSE | |
| Smooth length | 9 | |
| Smooth phase | 0 | |
| Smooth double | false | |
| Pa filter | 1.0 | |
| Pa cycles | 2.0 | |
| Dz start buy probability | 0.15 | |
| Dz start sell probability | 0.15 | |
| Interpolate | true | |
| Hma1 period | 10 | Period or timeframe used by the calculation |
| Hma1 price | PRICE_CLOSE | |
| Hma2 period | 50 | Period or timeframe used by the calculation |
| Hma2 price | PRICE_CLOSE | |
| Alerts on current | true | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | false | Turn this alert on or off |
| Alerts email | false | Turn this alert on or off |
| Se ex | ------- Settings | |
| Monthly period | 6 | Period or timeframe used by the calculation |
| Weekly period | 12 | Period or timeframe used by the calculation |
| Daily period | 24 | Period or timeframe used by the calculation |
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 · Alerts · Multi-Timeframe (MTF) · RSI · Moving Average · ATR · MT4 Indicator · MQL4 Source Code