Loading…

Forex Awesome Bollinger Bands Scalping Strategy

This Old Kings indicator for MetaTrader 4 is called Forex Awesome Bollinger Bands Scalping Strategy. Judging by its name, it is built around the Awesome Oscillator, Bollinger Bands and short scalping trades. It has 10 settings, for example Use Sunday Data (default True), Daily (default True) and Daily SR Levels (default True). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 3 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 Awesome Bollinger Bands Scalping Strategy

Forex Awesome Bollinger Bands Scalping Strategy is an indicator for MetaTrader 4. It has 10 settings, such as Use sunday data, Daily and Daily sr levels. MQL source code included.

Files in the download: Auto Pivot.mq4, Candle Time & Spread.mq4, installation manual.txt, MACDTraditional.ex4, sfc bb3.tpl.

Settings

SettingDefaultWhat it does
Use sunday dataTrue
DailyTrue
Daily sr levelsTrue
WeeklyTrue
Weekly sr levelsFalse
MonthlyTrue
Monthly sr levelsFalse
Clock colorDimGrayColour on the chart
Corner placement1 is top right 3 is bottom right
Corner3

How to install

  1. Download the ZIP from your PolyMaria library and unzip it.
  2. In MetaTrader 4 open File → Open Data Folder, then go to MQL4 → Indicators.
  3. Copy the .mq4 file(s) there. Put any .mqh files in MQL4 → Include.
  4. Open the .mq4 file in MetaEditor and press Compile (F7) if MetaTrader does not show it.
  5. Drag the indicator from the Navigator onto a chart and adjust the settings.

Download the PDF guide

Tags: Scalping · Bollinger Bands · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria