You need to create a plugin called "forumdisplay_start", this is what I created and it seems to work:
Admincp>Plugin system> Add New Plugin
Product: vBulletin
Hook location: forumdisplay_start
Title: "Check for RSS on/off for RSS feed icon on each forum"
Plugin Php Code:
PHP Code:
if ($vbulletin->options['externalrss'])
{
$show['rss'] = true;
}
Active: Yes
And then click on save.