Forex Box Intraday Scalping Strategy
Forex Box Intraday Scalping Strategy is an indicator for MetaTrader 4 from the Old Kings collection. As the name suggests, the idea behind it is short scalping trades. Its source code uses RSI, moving averages and ATR. It draws arrows on the chart and can read another timeframe. It has 40 settings, for example Info (default C6544), Start Time (default 06:00) and End Time (default 09:00). Load it on a demo chart and check whether its signals repaint before trusting them. 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 Box Intraday Scalping Strategy
Forex Box Intraday Scalping Strategy is an indicator for MetaTrader 4 based on RSI, Moving Average and ATR. It draws buy and sell arrows on the chart and can show data from another timeframe (MTF). It has 40 settings, such as Info, Start time and End time. MQL source code included.
Files in the download: Box Intraday Trading.tpl, C6544.ex4, C6544.mq4, installation manual.txt, PET-D.mq4, SAP - Jurik CCI mtf.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Info | C6544 | |
| Start time | 06:00 | |
| End time | 09:00 | |
| Session end time | 00:00 | |
| Session color | Gray | Colour on the chart |
| Num days | 60 | |
| Min box size in pips | 25 | |
| Max box size in pips | 55 | |
| Limit box to max size | TRUE | |
| Tp1 factor | 0.618 | |
| Tp3 factor | 2.0 | |
| Levels resize factor | 1.0 | |
| Box color ok | Thistle | Colour on the chart |
| Box color nok | Fuchsia | Colour on the chart |
| Box color max | Gold | Colour on the chart |
| Level color | DarkSlateGray | Colour on the chart |
| Fib length | 12 | |
| Show profit zone | TRUE | |
| Profit color | Gray | Colour on the chart |
| Show box infos | TRUE | |
| Enable max box average | TRUE | |
| Factor box average | 0.5 | |
| Max limit with atr | ||
| Enable max box with atr | FALSE | |
| Factor atr | 4.0 | |
| Period atr | 100 | Number of bars in the calculation |
| Obj prefix | . | |
| Time frame | current time frame | Period or timeframe used by the calculation |
| Cci period | 6 | Period or timeframe used by the calculation |
| Cci price | PRICE_TYPICAL | |
| Over sold | -100 | |
| Over bought | 100 | |
| Smooth length | 5 | |
| Smooth phase | 100 | |
| Over sold color | DeepSkyBlue | Colour on the chart |
| Over bought color | DeepSkyBlue | Colour on the chart |
| Show arrows | true | |
| Show arrows zone enter | false | |
| Show arrows zone exit | true | |
| Arrows identifier | cci arrows |
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 · Multi-Timeframe (MTF) · RSI · Moving Average · ATR · MT4 Indicator · MQL4 Source Code