Forex Corona Scalping Strategy
Forex Corona 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. It draws arrows on the chart, can send alerts and can read another timeframe. It has 27 settings, for example SR (default 3), SRZZ (default 12) and Main RZZ (default 20). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 11 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 Corona Scalping Strategy
Forex Corona Scalping Strategy is an indicator for MetaTrader 4 based on Moving Average. 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 27 settings, such as SR, SRZZ and Main rzz. MQL source code included.
Files in the download: ArrZZx2.mq4, bobokusfibo-indicator.mq4, corona.tpl, coronforex-updates.ex4, DYNAMIC GAINS 1.ex4, Fibo-Vector.ex4, FiboPiv_v2.mq4, Heiken Ashi MA T3.mq4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| SR | 3 | =3..4 |
| SRZZ | 12 | =4..12..20 |
| Main rzz | 20 | =12..20..54... |
| FP | 21 | |
| SMF | 3 | =1..5 |
| Draw zz | false | |
| Price const | 0 | 0 - Close |
| Time frame | 60 | Period or timeframe used by the calculation |
| Fibo num | 12345 | |
| Intra color | RoyalBlue | Colour on the chart |
| Upper color | Blue | Colour on the chart |
| Lower color | DodgerBlue | Colour on the chart |
| Ma period | 10 | Period or timeframe used by the calculation |
| Ma metod | 2 | |
| Step | 10 | Distance between orders |
| Better formula | false | |
| T3 average | true | |
| T3 hot | 0.618 | |
| T3 original | false | |
| Show arrows | true | |
| Show candles | true | |
| _ | Alerts settings | |
| C period | 24 | Period or timeframe used by the calculation |
| Magic number | 0 | if 0 then will show ALL trades for the pair |
| Refresh every | 1 | refresh every given minutes, 0 will refresh at beginning a each bar only |
| Profit color | DodgerBlue | profit rect color |
| Loss color | SandyBrown | loss rect color |
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 · MT4 Indicator · MQL4 Source Code