Forex Advanced Bawang Scalping Strategy
Forex Advanced Bawang Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around short scalping trades. Its source code uses moving averages. It has 40 settings, for example Dolly GRAPHICS (default true), BUY Color 2 (default C'0,0,150') and BUY Color 1 (default C'0,0,100'). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 5 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 Forex Advanced Bawang Scalping Strategy
Forex Advanced Bawang Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average. It has 40 settings, such as Dolly graphics, Buy color 2 and Buy color 1. MQL source code included.
Files in the download: bawang3.tpl, Dolly_Graphics_v10.mq4, installation manual.txt, KG MA 1.3b.mq4, MA ribbon filled.89.21.mq4, MACD_4CZ.mq4, MACD_twotlines.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Dolly graphics | true | |
| Buy color 2 | C'0,0,150' | Colour on the chart |
| Buy color 1 | C'0,0,100' | Colour on the chart |
| Sell color 1 | C'120,0,0' | Colour on the chart |
| Sell color 2 | C'180,0,0' | Colour on the chart |
| Buy target 2 | 50 | |
| Buy target 1 | 40 | |
| Buy area | 20 | |
| Sell area | 20 | |
| Sell target 1 | 40 | |
| Sell target 2 | 50 | |
| Shift dolly text | 0 | Bar shift (0 = current bar) |
| Show dolly comments | true | Comment written on the orders |
| Show daily average graphics | true | |
| Daily average graphics | true | |
| Daily av up color 150 | C'0,110,255' | Colour on the chart |
| Daily av up color 125 | C'0,70,255' | Colour on the chart |
| Daily av up color 100 | C'20,20,255' | Colour on the chart |
| Daily av up color 75 | C'0,0,210' | Colour on the chart |
| Daily av dn color 75 | C'220,0,0' | Colour on the chart |
| Daily av dn color 100 | C'255,0,10' | Colour on the chart |
| Daily av dn color 125 | C'255,70,0' | Colour on the chart |
| Daily av dn color 150 | C'255,110,0' | Colour on the chart |
| Shift daily average text | 28 | Bar shift (0 = current bar) |
| Show pivot lines | false | |
| Show m pivot lines | false | |
| Shift pivot point text | 0 | Bar shift (0 = current bar) |
| Pivot point extend line | 0 | |
| Show fib lines | false | |
| Show extra fib lines | false | |
| Shift fib text | 65 | Bar shift (0 = current bar) |
| Fib extend display | 1 | |
| Fib lines back date | 0 | |
| Show daily hi low | false | |
| Shift hi low text | 50 | Bar shift (0 = current bar) |
| Show daily open | false | |
| Shift daily open text | 4 | Bar shift (0 = current bar) |
| Back test days | 0 | |
| Corner | 1 | |
| Ma mode | MODE_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: Scalping · Moving Average · MT4 Indicator · MQL4 Source Code