Forex DPI Williams Scalping Strategy
This Old Kings indicator for MetaTrader 4 is called Forex DPI Williams Scalping Strategy. Its name points to short scalping trades. In the code it works with CCI. It draws arrows on the chart. It has 10 settings, for example Gap (default 1), Period 1 (default PERIOD_M15) and Period 2 (default PERIOD_M15). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 2 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 DPI Williams Scalping Strategy
Forex DPI Williams Scalping Strategy is an indicator for MetaTrader 4 based on CCI. It draws buy and sell arrows on the chart. It has 10 settings, such as Gap, Period 1 and Period 2. MQL source code included.
Files in the download: DPI.ex4, free forex scalping.tpl, free forex.mq4, installation manual.txt.
Settings
| Setting | Default | What it does |
|---|---|---|
| Gap | 1 | Gap between the lines of bars |
| Period 1 | PERIOD_M15 | M15 |
| Period 2 | PERIOD_M15 | M15 |
| Period 3 | PERIOD_M15 | M15 |
| Period 4 | PERIOD_M15 | M15 |
| Cci 1 | 9 | |
| Cci 2 | 13 | |
| Cci 3 | 55 | |
| Cci 4 | 89 | |
| Auto display | false |
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 · CCI · MT4 Indicator · MQL4 Source Code