Forex B Box Advanced Scalping Strategy
This Old Kings indicator for MetaTrader 4 is called Forex B Box Advanced Scalping Strategy. Its name points to short scalping trades. In the code it works with RSI and moving averages. It can read another timeframe. It has 40 settings, for example win (default 0), session name and session color (default White). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 16 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 B Box Advanced Scalping Strategy
Forex B Box Advanced Scalping Strategy is an indicator for MetaTrader 4 based on RSI and Moving Average. It can show data from another timeframe (MTF). It has 40 settings, such as Win, Session name and Session color. MQL source code included.
Files in the download: !_BZ_everyhour.mq4, #SpudFibo.mq4, BBOX SYSTEM.tpl, BBOX_TickSpeed.mq4, BetterVolume 1.4.mq4, daily_open_line.mq4, Filter overRSI-1.mq4, Grid_v1_0.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Win | 0 | |
| Session name | ||
| Session color | White | Colour on the chart |
| Straddle width | 3 | |
| Channel | 1 | |
| My color | LightSlateGray | Colour on the chart |
| Note1 | Fibonacci colors | |
| Upper fibo color | Navy | Colour on the chart |
| Main fibo color | RoyalBlue | Colour on the chart |
| Lower fibo color | DodgerBlue | Colour on the chart |
| Note2 | Draw main Fibonacci lines? | |
| Inner fibs | true | |
| Max draw ticks | 500 | |
| Speed rect width | 20 | |
| Speed rect margin | 4 | |
| Speed font size | 10 | |
| Speed ticks | 5 | |
| Speed scale | 4 | |
| Use milli seconds | false | |
| Number of bars | 500 | |
| Note | 0 means Display all bars | |
| Ma period | 100 | Period or timeframe used by the calculation |
| Look back | 20 | |
| Time zone of data | 0 | |
| Periode rsi | 13 | Number of bars in the calculation |
| H line | DimGray | Color of grid |
| H line2 | DarkGreen | Every 100 pips, change grid color to this. |
| Grid time | 15 | Number of periods (days or weeks) to draw time grid |
| Time grid | PERIOD_H4 | Grid period in minutes |
| Color hour | 15 | For hour grids, draw color line at this hour (broker time) |
| Time line | DimGray | Color of grid |
| Time line2 | DarkGreen | Color of special bars |
| Max bars to count | 1200 | |
| Time frame | 0 | Period or timeframe used by the calculation |
| My entry trigger | 1 | |
| My profit target | 1 | |
| My stop loss | 7 | Stop loss distance |
| My hour color | DarkGray | Colour on the chart |
| My style | STYLE_SOLID | |
| Color1 | Maroon | Colour on the chart |
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 · Multi-Timeframe (MTF) · RSI · Moving Average · MT4 Indicator · MQL4 Source Code