SVE Stochastic RSI 2
From the Old Kings archive: SVE Stochastic RSI 2, an indicator for MetaTrader 5. Its name points to the RSI oscillator (overbought / oversold zones) and the Stochastic oscillator. It has 4 settings, for example Rsi Period (default 21), Price (default PRICE_CLOSE) and Sto Period (default 8). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 1 indicator file with source code (.mq5) 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 · MT5 · v1.0 · Free
About SVE Stochastic RSI 2
SVE Stochastic RSI 2 is an indicator for MetaTrader 5. It has 4 settings, such as Rsi period, Price and Sto period. MQL source code included.
Files in the download: SVE Stochastic RSI.mq5.
Settings
| Setting | Default | What it does |
|---|---|---|
| Rsi period | 21 | RSI period |
| Price | PRICE_CLOSE | Price |
| Sto period | 8 | Stochastic period |
| Avg period | 5 | Average period |
How to install
- Download the ZIP from your PolyMaria library and unzip it.
- In MetaTrader 5 open File → Open Data Folder, then go to MQL5 → Indicators.
- Copy the .mq5 file(s) there. Put any .mqh files in MQL5 → Include.
- Open the .mq5 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 · Stochastic · MT5 Indicator · MQL5 Source Code