Forex Dynamic Bull Bear Scalping Strategy
This Old Kings indicator for MetaTrader 4 is called Forex Dynamic Bull Bear Scalping Strategy. Judging by its name, it is built around short scalping trades. In the code it works with MACD, moving averages, Bollinger Bands and ATR. It draws arrows on the chart and can send alerts. It has 16 settings, for example Band Period (default 60), Band1 (default 4) and Band2 (default 4). Load it on a demo chart and check whether its signals repaint before trusting them. Inside: 4 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 Dynamic Bull Bear Scalping Strategy
Forex Dynamic Bull Bear Scalping Strategy is an indicator for MetaTrader 4 based on MACD, Moving Average, Bollinger Bands and ATR. It draws buy and sell arrows on the chart and can alert you with a pop-up, sound, email or push message. It has 16 settings, such as Band period, Band1 and Band2. MQL source code included.
Files in the download: DNC Bandwidth.ex4, Dynamic Bull and Bear Band.tpl, DynamicBullBearBand.mq4, installation manual.txt, V-Rod & alerts 2.0 nrp.mq4, V-Rod & alerts 1.01.ex4.
Settings
| Setting | Default | What it does |
|---|---|---|
| Band period | 60 | Period or timeframe used by the calculation |
| Band1 | 4 | |
| Band2 | 4 | |
| Band3 | 4 | |
| Ma period | 9 | Period or timeframe used by the calculation |
| Os ma | 4 | |
| Dist2 | 20 | |
| Std | 0.5 | |
| B period | 20 | Period or timeframe used by the calculation |
| Alerts on | true | Turn this alert on or off |
| Alerts on current | false | Turn this alert on or off |
| Alerts message | true | Turn this alert on or off |
| Alerts sound | true | Turn this alert on or off |
| Alerts notify | true | false; |
| Alerts email | false | Turn this alert on or off |
| Arrow gap | 0.5 |
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 · MACD · Moving Average · Bollinger Bands · ATR · MT4 Indicator · MQL4 Source Code