Forex CCI Supertrend Scalping Strategy
From the Old Kings archive: Forex CCI Supertrend Scalping Strategy, an indicator for MetaTrader 4. As the name suggests, the idea behind it is the SuperTrend line, the Commodity Channel Index (CCI) and short scalping trades. In the code it works with ATR. It draws arrows on the chart. It has 22 settings, for example Depth (default 12), Deviation (default 5) and Backstep (default 3). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. 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 CCI Supertrend Scalping Strategy
Forex CCI Supertrend Scalping Strategy is an indicator for MetaTrader 4 based on ATR. It draws buy and sell arrows on the chart. It has 22 settings, such as Depth, Deviation and Backstep. MQL source code included.
Files in the download: !Postzigzagv2Close www.indikatorforeks.ru.ex4, !Postzigzagv2Close www.indikatorforeks.ru.mq4, CCI and Supertrend Scalping.tpl, installation manual.txt, SuperTrend.ex4, SuperTrend.mq4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Depth | 12 | |
| Deviation | 5 | |
| Backstep | 3 | Distance between orders |
| Nbr periods | 10 | Number of bars in the calculation |
| Multiplier | 4.0 | How much the lot size grows after a loss |
| Sid font size | 30 | |
| Sid font name | Ariel | |
| Note red green blue | Red/Green/Blue each 0..255 | |
| Sid red | 30 | |
| Sid green | 30 | |
| Sid blue | 30 | |
| Sid x pos | 30 | |
| Sid y pos | 150 | |
| Tag display text | true | |
| Tag text | www.marketcalls.in | |
| Tag font size | 15 | |
| Tag font name | Ariel | |
| Tag red | 30 | |
| Tag green | 30 | |
| Tag blue | 30 | |
| Tag x pos | 200 | |
| Tag y pos | 300 |
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 · CCI · Buy/Sell Arrows · ATR · MT4 Indicator · MQL4 Source Code