Forex Best Winners Scalping Strategy
Forex Best Winners Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Its name points to 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 13 settings, for example Time Frame (default All tf), Half Length (default 61) and Price (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 6 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 Best Winners Scalping Strategy
Forex Best Winners 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 13 settings, such as Time frame, Half length and Price. MQL source code included.
Files in the download: ForexWinnersStrategy.tpl, indicator01.ex4, indicator02.ex4, installation manual.txt, Price Border.ex4, Price Border.mq4, TrendEnvelopes_v2.ex4, TrendEnvelopes_v2.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Time frame | All tf | Period or timeframe used by the calculation |
| Half length | 61 | |
| Price | 0 | |
| Atr multiplier | 2.6 | How much the lot size grows after a loss |
| Atr period | 110 | Period or timeframe used by the calculation |
| Interpolate | TRUE | |
| Alerts on | FALSE | Turn this alert on or off |
| Alerts on current | FALSE | Turn this alert on or off |
| Alerts on high low | FALSE | Turn this alert on or off |
| Alerts message | FALSE | Turn this alert on or off |
| Alerts sound | FALSE | Turn this alert on or off |
| Alerts email | FALSE | Turn this alert on or off |
| Ma period | 34 | Period or timeframe used by the calculation |
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 · Buy/Sell Arrows · Alerts · Multi-Timeframe (MTF) · Moving Average · ATR · MT4 Indicator · MQL4 Source Code