Forex Complete Action Scalping Strategy
From the Old Kings archive: Forex Complete Action Scalping Strategy, an indicator for MetaTrader 4. Judging by its name, it is built around short scalping trades. In the code it works with moving averages and Bollinger Bands. It draws arrows on the chart and can send alerts. It has 32 settings, for example Avg Period (default 21), i Period (default 21) and Hull period (default 27). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 22 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 Complete Action Scalping Strategy
Forex Complete Action Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average and Bollinger Bands. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 32 settings, such as Avg period, I period and Hull period. MQL source code included.
Files in the download: BasketTrade DBEAv5.1.ex4, BasketTrade DBIndiv5.1.ex4, BasketTrader HiloLines.mq4, BTrATR.mq4, BTrOsc.ex4, smEmptyWindow.mq4, smHull Mavg.mq4, ArenDI ATR.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Avg period | 21 | Period or timeframe used by the calculation |
| I period | 21 | Period or timeframe used by the calculation |
| Hull period | 27 | Period or timeframe used by the calculation |
| Hull period divisor | 1.5 | Number of bars in the calculation |
| Hull method | 3 | MODE_LWMA |
| Hull price | 0 | PRICE_CLOSE |
| Length | 20 | Bollinger Bands Period |
| Deviation | 2 | Deviation was 2 |
| Money risk | 1.00 | Offset Factor |
| Signal | 1 | Display signals mode: 1-Signals & Stops; 0-only Stops; 2-only Signals; |
| Line | 1 | Display line mode: 0-no,1-yes |
| Nbars | 1000 | |
| Sound on | false | Turn this alert on or off |
| Note1 | Change font colors automatically? True = | |
| Open close colors | True | Colour on the chart |
| Show all digits | false | |
| Note2 | Default Font Color | |
| Font color | Blue | Colour on the chart |
| Font color up | Lime | Colour on the chart |
| Font color dn | Red | Colour on the chart |
| Note3 | Font Size | |
| Font size | 30 | |
| Note4 | Font Type | |
| Font type | Arial Bold | "Comic Sans MS"; |
| Note5 | Display the price in what corner? | |
| What corner | 2 | |
| X axis | 1 | |
| Y axis | 4 | 50; |
| Ma type | 0 | |
| Ma period | 21 | Period or timeframe used by the calculation |
| Ma shift | 1 | Bar shift (0 = current bar) |
| Price type | 2 |
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 · Moving Average · Bollinger Bands · MT4 Indicator · MQL4 Source Code