Forex Dream Scalping Strategy
From the Old Kings archive: Forex Dream Scalping Strategy, an indicator for MetaTrader 4. As the name suggests, the idea behind it is short scalping trades. In the code it works with CCI, ADX and Parabolic SAR. It draws arrows on the chart and can send alerts. It has 8 settings, for example ADXPeriod (default 13), CCI Period (default 14) and T3 Period (default 5). Try it on a demo chart first and note how its lines or arrows react to new bars. Inside: 8 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 Dream Scalping Strategy
Forex Dream Scalping Strategy is an indicator for MetaTrader 4 based on CCI, ADX and Parabolic SAR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 8 settings, such as Adx period, Cci period and T3 period. MQL source code included.
Files in the download: Advanced_ADX.ex4, Advanced_ADX.mq4, Fiji Trend_alerts mtf.ex4, fxsnipert3cci.ex4, fxsnipert3cci.mq4, installation manual.txt, obj_RSST_b.ex4, ParabolicSARColor-Alert.ex4 ….
Settings
| Setting | Default | What it does |
|---|---|---|
| Adx period | 13 | Period or timeframe used by the calculation |
| Cci period | 14 | Period or timeframe used by the calculation |
| T3 period | 5 | Period or timeframe used by the calculation |
| B | 0.618 | |
| Alerts enabled | false | Turn this alert on or off |
| Step | 0.04 | was .01 |
| Maximum | 0.5 | |
| Precision | 7 |
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 · CCI · ADX · Parabolic SAR · MT4 Indicator · MQL4 Source Code