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Forex Awesome Rabbit Scalping Strategy

Forex Awesome Rabbit Scalping Strategy is an indicator for MetaTrader 4 from the Old Kings collection. Judging by its name, it is built around the Awesome Oscillator and short scalping trades. Its source code uses moving averages and ATR. It draws arrows on the chart, can send alerts and can read another timeframe. It has 21 settings, for example Calc Period (default 10), Smooth (default 1) and Filter (default 5). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 4 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 Rabbit Scalping Strategy

Forex Awesome Rabbit Scalping Strategy is an indicator for MetaTrader 4 based on 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 21 settings, such as Calc period, Smooth and Filter. MQL source code included.

Files in the download: awesome rabbit.tpl, BloodRabbit_2.2.ex4, BloodRabbit_2.2.mq4, installation manual.txt, SAP - Jurik CCI mtf.ex4, SAP - Jurik CCI mtf.mq4.

Settings

SettingDefaultWhat it does
Calc period10Period or timeframe used by the calculation
Smooth1
Filter5
Modetrue
GONGtrue
Time framecurrent time framePeriod or timeframe used by the calculation
Cci period6Period or timeframe used by the calculation
Cci pricePRICE_TYPICAL
Over sold-100
Over bought100
Smooth length5
Smooth phase100
Over sold colorDeepSkyBlueColour on the chart
Over bought colorDeepSkyBlueColour on the chart
Show arrowstrue
Show arrows zone enterfalse
Show arrows zone exittrue
Arrows identifiercci arrows
Arrows up colorDeepSkyBlueColour on the chart
Arrows dn colorGoldenrodColour on the chart
Interpolatetrue

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 · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Moving Average · ATR · MT4 Indicator · MQL4 Source Code

Old Kings — classic MT4 & MT5 collection · PolyMaria