Forex Complete KWU Scalping Strategy
Forex Complete KWU Scalping Strategy — a MetaTrader 4 indicator kept in the Old Kings collection. Judging by its name, it is built around short scalping trades. Its source code uses moving averages, ATR and ZigZag. It draws arrows on the chart and can send alerts. It has 40 settings, for example period (default 80), method (default 3) and price (default 0). Attach it to a chart to see what it draws, then compare it with price on a few timeframes. Inside: 10 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 KWU Scalping Strategy
Forex Complete KWU Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average, ATR and ZigZag. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 40 settings, such as Period, Method and Price. MQL source code included.
Files in the download: big trend.mq4, DM_Continuation.ex4, Rads HA-2.mq4, Rads Wall-4.mq4, T.S.V._Bullish & Bearish.mq4, X-HMA-9a~.mq4, installation manual.txt, kwu-1.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Period | 80 | Period or timeframe used by the calculation |
| Method | 3 | MODE_SMA |
| Price | 0 | PRICE_CLOSE |
| Color1 | Maroon | Colour on the chart |
| Color2 | DarkBlue | Colour on the chart |
| Color3 | Red | Colour on the chart |
| Color4 | Blue | Colour on the chart |
| Fast close period | 27 | Period or timeframe used by the calculation |
| Fast close shift | 0 | Bar shift (0 = current bar) |
| Fast open period | 34 | Period or timeframe used by the calculation |
| Fast open shift | 0 | Bar shift (0 = current bar) |
| Slow close period | 34 | Period or timeframe used by the calculation |
| Slow close shift | 0 | Bar shift (0 = current bar) |
| Slow open period | 62 | Period or timeframe used by the calculation |
| Slow open shift | 0 | Bar shift (0 = current bar) |
| Indicator | 11 | |
| Min bars | 8 | |
| Min size | 55 | |
| Deviation | 5 | |
| Backstep | 3 | Distance between orders |
| Gross period | 1440 | Period or timeframe used by the calculation |
| Min percent | 0.0 | |
| Point | 11 | |
| Hidden | 1 | |
| Zig zag high low | TRUE | |
| Fibo zig zag | FALSE | |
| Fractal | 7 | |
| Fractal end | 7 | |
| Delta | 0.04 | |
| Delta type | 2 | |
| Pp with bars | 0 | |
| Ext1 | Parameters for Gartley Patterns. Start. | |
| Gartley on off | FALSE | |
| Max depth | 33 | |
| Min depth | 3 | |
| Direction of search max min | TRUE | |
| Max bar to d | 15 | |
| Range for point d | TRUE | |
| Color range for point d | Red | Colour on the chart |
| Delta gartley | 0.09 |
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 · ATR · ZigZag · MT4 Indicator · MQL4 Source Code